Monthly Newsletter: Portfolio Advisor - August 2022

August 10, 2022 | Thomas de Mello, CIM


Global Insight Monthly - August 2022

I am pleased to share the latest investment strategy report from RBC Wealth Management—Global Insight, which provides our latest thoughts on asset classes, the economy, and timely issues that impact investment strategy. This month’s topics include:

As earnings go, so goes the market

While we think the bulk of market risks are in the rearview mirror, it may take more time to reveal whether the economic and earnings vulnerabilities have been fully incorporated into stock prices.

U.S. recession scorecard update: Trouble with the curve

One of our most reliable indicators of U.S. recession—the yield curve—has flipped to negative and is now strongly suggesting a recession is on the way. Most others on the scorecard remain positive but less decidedly so than was true a few months ago.

Global equity: It’s a question of timing

As we enter a new month, an old question remains—when (and if) a recession will arrive. We believe the answer is in central banks’ hands.

Global fixed income: Flying blind

Many global central banks are now planning to make policy decisions on a meeting-by-meeting basis, which may only further increase volatility as both markets and central banks react to each piece of key incoming economic data.

Read more>

Advice Event: Responsible Investing

Invest with a Greater Purpose - Socially Responsible Investing & ESG

Thursday – August 18th, 2022: 12:00pm – 12:30pm

How will you align your investments with your personal beliefs and values? More and more people are turning to responsible investing—a process that applies environmental, social and governance (ESG) data to your investment portfolio.

Please join us for this special advice event, where we will be discussing the features, benefits and various options available for responsible investing.

Hosted via Cisco Webex
Register Here>

Stagflation and four ways to mitigate its impact

As inflation soars and economic growth stalls, the growing threat of “stagflation” is hitting the economy and investment markets hard. The term stagflation combines “stagnant” with “inflation” – and here’s what you need to know about it.

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Fortifying your retirement income: The three-bucket approach

The three-bucket approach is a straight-forward strategy to help retired and cash-flow-focused investors sustain their investment income and preserve their wealth through all market conditions.

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Mydoh – A Financial Literacy app Designed for Parents and Kids

Get Mydoh and empower your kids with real-world money experience. They’ll learn and practice money skills that will last a lifetime. Learn, earn, and spend together.

Developed by RBC Ventures, Mydoh is a money management app and Smart Card (digital and physical Prepaid Visa Card) that helps kids make their own earning and spending decisions. Mydoh is designed to enable the right spending habits and empowers youth to experience financial independence in a safe and secure way.

  • Suitable for kids between the ages of 6 and 15
  • Kids can earn real money by completing parent-assigned tasks
  • Kids will get the independence to make their own spending decisions with their Mydoh Smart Cash Card
  • Kids will learn essential money concepts through fun financial literacy lessons and quizzes
  • Contact us directly to receive a promo code and receive $15 applied to your account

Read more>

This information is not investment advice and should be used only in conjunction with a discussion with your RBC Dominion Securities Inc. Investment Advisor. This will ensure that your own circumstances have been considered properly and that action is taken on the latest available information. The information contained herein has been obtained from sources believed to be reliable at the time obtained but neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers can guarantee its accuracy or completeness. This report is not and under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This report is furnished on the basis and understanding that neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers is to be under any responsibility or liability whatsoever in respect thereof. The inventories of RBC Dominion Securities Inc. may from time to time include securities mentioned herein. RBC Dominion Securities Inc.* and Royal Bank of Canada are separate corporate entities which are affiliated. *Member-Canadian Investor Protection Fund. RBC Dominion Securities Inc. is a member company of RBC Wealth Management, a business segment of Royal Bank of Canada. ®Registered trademarks of Royal Bank of Canada. Used under licence. © 2022 RBC Dominion Securities Inc. All rights reserved.