Podcasts from RBC Global Asset Management

According to the latest U.S. inflation report, consumer prices rose 8.6% in May. The reading came in higher than what most expected, and is another indicator that high inflation will sustain its momentum. What does this mean for Canadian households and the economy at large? This episode, Chief Economist Eric Lascelles provides his insight on inflation, and discusses the outlook for labour market c...

This episode, Stu Kedwell, Co-Head of North American Equities, shares his thoughts on state of markets today. First, how factors such as consumer spending shifts and declining multiples are weighing into earnings forecasts and markets more broadly. Stu then discusses the signs that suggest inflation may now be peaking, and what markets and investors should consider in the months ahead. (Recorded J...

In our latest podcast, Elma de Kuiper and Freddie Fuller delve into the nuances around some of Europe’s sustainability challenges. They look at hidden secrets around emissions, policy and how companies may offshore some of their dirtiest activities. (Recorded May 17, 2022) To view the transcript and disclosure for this podcast, please visit https://institutional.rbcgam.com/en/europe/research-insig...

Emotions are running high for investors as uncertainty ripples through markets. How can investors push aside the panic and maintain their focus? This episode, Stu Kedwell, Head of North American Equities, breaks down what’s driving volatility in markets today, and how he is preparing portfolios amidst the many unknowns in the months ahead. Stu also explains how long-term investors can turn volatil...

In this episode, Chief Economist Eric Lascelles discusses the Fed’s latest interest rate hike, and what the central bank’s intentions for future hikes could mean for the broader economy - including an elevated risk of recession. He also provides some thoughts on labour market trends and jobs data in the U.S. and Canada.(Recorded May 9, 2022) To view the transcript and disclosure for this podcast,...

The U.S. Federal Reserve and other central banks have a tough task ahead: get inflation under control, while avoiding a recession. As uncertainty mounts as to whether they will be able to achieve this, markets are also responding with increased volatility - particularly bonds. What is the likelihood that central banks will achieve a 'soft landing' outcome? What will future interest rate hikes mean...

This episode, Sarah Riopelle, Vice President & Senior Portfolio Manager, Investment Solutions, discusses how she is managing portfolios against the many headwinds facing markets in recent months. Sarah also talks about how she has refreshed her 10 basic truths of investing, and explains how keeping emotions in check can help investors steer through shifting markets and stay focused on their lo...

This episode, Stu Kedwell, Co-Head of North American Equities, discusses the themes to watch for as companies report their first-quarter earnings. Stu also talks about earnings expectations for the future amid a slowing economy and rising costs. (Recorded April 12, 2022) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/q1-2022-earn...

In this episode, Chief Economist Eric Lascelles looks at the recent job numbers of the U.S., as well as other long-term, post-pandemic employment trends. He also discusses the different ways to think about the moves in the yield curve, and what these say about the likelihood of a recession. (Recorded April 1, 2022) To view the transcript and disclosure for this podcast, please visit https://www.rb...

Stock markets fell on Tuesday, following the U.S. Federal Reserve’s announcement that it plans to rapidly reduce its balance sheet -- its latest effort to get inflation under control. This episode, Stu Kedwell, Co-Head of North American Equities, breaks down the market reaction to the news, and what investors can expect as central banks lean into more hawkish moves. (Recorded April 6, 2022) To vie...

Canada's stock market is outperforming its counterparts so far this year. Why? Its heavy concentration of cyclical stocks -- like financials and energy -- tend to do well in the current environment of high commodity prices and rising interest rates. Will this solid performance last? What other factors should investors think about? This episode, Scott Lysakowksi, Vice President & Senior Portfol...

This episode, Stu Kedwell, Co-Head of North American Equities, takes a look at the recent movements in the U.S. Treasury yield curve, and discusses whether an inverted yield curve could signal a risk of recession in the near term. (Recorded March 30, 2022) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/the-yield-curve-and-recessi...

What is the outlook for the European market, as the war in Ukraine rages on? How will rising interest rates impact these assets? This episode, David Lambert, Senior Portfolio Manager, European Equities, RBC Global Asset Management (UK) Limited, weighs in. David also explains how he manages portfolios from an ESG perspective. (Recorded March 23, 2022) To view the transcript and disclosure for this...

In every investment process, there are key principles fund managers rely on to position portfolios for success. This episode, Stu Kedwell, Co-Head of North American Equities, details his time-tested principles, and shares how everyday investors can also use them to guide through shifting markets. (Recorded March 8, 2022) To view the transcript and disclosure for this podcast, please visit https://...

How will economic sanctions against Russia and scarce commodity supply impact the global recovery? In this episode, Chief Economist Eric Lascelles looks at the outlook for different regions - including a positive outlook for the United States. He also monitors central bank activities in response to rising inflation and commodity prices (Recorded March 4, 2022) To view the transcript and disclosure...

This episode, Stu Kedwell, Co-Head of North American Equities, discusses how he is positioning portfolios for the long term, as inflation and geopolitical risks continue to pressure markets. Stu also talks about the importance of the three D's - diversification, dividends and dollar-cost averaging - as part of an investor's long-term plan, especially when there is a downturn in the markets. (Recor...

This episode, Sarah Riopelle, Vice President & Senior Portfolio Manager, discusses the potential long- and short-term impacts on global economies and markets following Russia's invasion of Ukraine. Sarah also talks about central banks and changing expectations for inflation, and why focusing on a long-term view is crucial in times of crisis. (Recorded February 24, 2022) To view the transcript...

This episode, Stu Kedwell, Co-Head of North American Equities, discusses the market response to ongoing geopolitical tensions, with a particular focus on the impact to energy prices. Stu also discusses how he is positioning portfolios for long-term success in light of recent market headwinds. (Recorded February 15, 2022) To view the transcript and disclosure for this podcast, please visit https://...

This episode, Dagmara Fijalkowski, Senior Vice President & Senior Portfolio Manager, Head of Global Fixed Income & Currencies, discusses her approach to managing fixed income portfolios in a time of high inflation, central bank tightening and rising interest rates. Dagmara also talks about some key strategies investors can use to help mitigate inflation’s impact, including global diversifi...

How does the inflationary backdrop of today compare to that of the 1970s? This episode, Habib Subjally, Senior Portfolio Manager & Head of Global Equities, RBC Global Asset Management (UK) Limited, looks at the similarities and differences between inflation now and throughout history. Habib also provides some insight into his approach to evaluating companies in this environment. (Recorded Febr...

Understanding the current market rotation from growth to value stocks requires a deeper look into these two investing styles. While both seek to maximize returns, they do so in their own unique way. This episode, Stu Kedwell, Co-Head of North American Equities, explains the differences between growth and value stocks, and why a disciplined approach is key for investors to make the most of market s...

This episode, Chief Economist Eric Lascelles shares his insight on a variety of economic headlines, including the latest in labour markets as January’s jobs reports come out of Canada and the U.S. Eric also looks at how central banks around the world are heading into a cycle of monetary tightening, and what it means for both economic growth forecasts and financial markets. (Recorded February 4, 20...

From hawkish central banks, to spiking inflation and geopolitical pressures - markets have been pulled in many different directions recently, fueling volatility. How can investors gauge the uncertainty? In this episode, Sarah Riopelle, Vice President & Senior Portfolio Manager, Investment Solutions, talks through her how she is managing portfolios given the turbulent market environment and exp...

How do portfolio managers use technical analysis to evaluate investments and anticipate market movements? This episode, Stu Kedwell, Co-Head of North American Equities, discusses how he applies these different strategies and historical data to understand market behaviour and identify potential opportunities. (Recorded February 1, 2022) To view the transcript and disclosure for this podcast, please...

The recent spike in volatility may have investors questioning whether to take their money out of the market and wait for better days. While market downturns are a normal part of investing, there are strategies that investors can use to help mitigate the short-term shocks and be prepared for when markets eventually recover. This episode, Stu Kedwell, Co-Head of North American Equities, discusses th...