Earnings before policy

What matters more for the market, Washington policy or plain vanilla corporate profit trends? While Washington, D.C. will likely capture a lot more business press headlines this year and policy developments could generate volatility, we think good old fashioned earnings trends will determine the U.S. equity market’s fate over the mid and long term. We look at the ongoing Q4 earnings season and the earnings outlook for the year

Regional developments: Canada’s labour market appears to be stabilizing; U.S. Treasury bonds experience largest selloff since December; European equities’ positive momentum continues; Hang Seng Index heading for fifth straight weekly gain, powered by AI optimism.

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Feel free to contact me with any questions and/or discuss investment ideas.

I appreciate the opportunity to serve you and look forward to continuing help you accomplish your long-term financial goals.

 

Beth Arseneau, FMA, CIM
Portfolio Manager
416-960-4592
beth.arseneau@rbc.com