Global Insight Weekly - February 13, 2025

February 14, 2025 |Elizabeth Arseneau
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...
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Seller set the tone in Canada's housing markets as 2025 rolls in

February 12, 2025 |Beth Arseneau
It seems the new year has brought renewed optimism for Canadian home sellers. Early reports from local real estate boards showed a surge in new listings in January in several of Canada’s largest major markets led by Vancouver, Calgary, Toronto, and Montreal...
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Bi-Weekly Client Letter: 4 February 2025

February 04, 2025 |Beth Arseneau
Global equity markets have been grappling with the threat of U.S. tariffs in recent days. Markets have digested the news reasonably well as the selloff has been unremarkable. That may be partly attributable to uncertainty as to the timing of when tariffs...
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Washington Strategy: Tariffs & Commodity Impact

February 03, 2025 |Beth Arseneau
Response to the US Tariffs Levied on Canada and Mexico Since President Trump’s sweeping electoral victory in November, his advisors made it clear that he would break from past precedents on the use of tariffs. Rather than seeking to rectify trade imbalances...
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Client Letter | Global Insight - January 23rd 2025

January 24, 2025 |Elizabeth Arseneau
I'm pleased to share RBC Wealth Management's latest investment newsletter. Is 2025 the beginning of a small-cap renaissance? After years of small-cap underperformance relative to large-cap counterparts, the tide looks to be turning. We look at why investors...
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A playbook for how to measure a tariff shock in Canada

January 23, 2025 |Beth Arseneau
U.S. President Donald Trump has taken office, and understandably, there is growing concern about what threatened American tariffs could mean for the Canadian economy. Economists have a head start this time around—it isn’t our first pass at assessing the...
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Introducing my New Associate: Vinny Saini

December 23, 2024 |Beth Arseneau
Hello Everyone, I would like to welcome my new associate, Vinny Saini to the team. Vinny will be replacing Emily, all of Vinny’s contact information can be found below please update your contact information accordingly. Vinny has been working at RBC Dominion...
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Fall Economic Statement 2024: Canada boosts investment appeal and the deficit deepens - RBC Thought Leadership

December 18, 2024 |Beth Arseneau
Given the political uncertainty facing Canada, the fate of many of the measures announced in the 2024 Fall Economic Statement is highly uncertain. However, the fiscal update still serves as a snapshot of where the economy is headed and how upcoming challenges...
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BoC cuts by another 50 bps but with a slightly hawkish tone

December 18, 2024 |Beth Arseneau
BoC cuts by another 50 bps but with a slightly hawkish tone. The BoC announced a second consecutive 50 bp rate cut in December, bringing total easing for the year to 175 bps—significantly more than other G7 central banks (see Exhibit 1). As recently as...
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Bi-Weekly Client Letter 2024-12-13

December 18, 2024 |Beth Arseneau
A continued decline in inflationary pressures, combined with ongoing signs of a cooling Canadian economy, recently prompted the Bank of Canada (BoC) to cut interest rates for the fifth consecutive time. In the U.S., the Federal Reserve is also expected...
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