RBC Global Insight: July 2025
I am pleased to share the latest investment strategy report from RBC Wealth Management—Global Insight, which provides our current thoughts on asset classes, the economy, and timely issues that impact investment strategy.
RBC Global Insight - 2025 Midyear Outlook
Major economies and markets will continue to pay close attention to Washington and Fed policies during the second half of the year. This special 2025 Midyear Outlook showcases RBC Wealth Management’s unique perspectives that can help to navigate the road ahead while identifying the catalysts and opportunities to optimize portfolios.
A world of opportunities?
A dramatic shift in the appetite for equity and fixed income securities issued outside of North America has emerged in 2025. We examine the causes, what they mean for international stocks looking ahead, and how investors may want to position portfolios.
U.S. Debt: Changing facts, updating views
- Our prior view that investors should ignore the amount of U.S. government debt outstanding was correct for its time, but deterioration in the federal fiscal outlook means that luxury is a thing of the past.
Global Equity: Certain uncertainty
We expect major equity markets to post new highs in the months ahead, but there are caveats, and we advise a cautious, watchful approach.
Global Fixed Income: A short fuse on long bonds
While fixed income markets have weathered outside factors reasonably well this year, the next source of volatility could come from within—the global bond market itself.
Advice Event - Financial Literacy
Starting your path to financial success - Designed for students ages 16-20
Wednesday, August 6th, 2025
13:00pm – 15:30pm PST
RBC Vancouver Executive Suite and Lounge, 26th Floor - 1055 West Georgia St., Vancouver
Open to immediate & extended family, and close colleagues of RBC Dominion Securities clients.
Managing or considering a student loan? Opening your own credit card account? Trying to afford textbooks and tuition while maintaining a social life? With a strong knowledge of these and other financial concepts, you can have the confidence to make money-smart decisions at every life stage.
Topics will include: Baking Services, Budgeting money, Credit, debt & interest, introduction to investing.
Attendance is complimentary, but space is limited. Kindly RSVP by clicking the link below.
Special Report
While the stock market narrative in the first half of the year may sound familiar—U.S. equities navigating waves of volatility on the way to new highs—the environment certainly was not. In this special market update, we dissect four key catalysts that held sway over performance and provide thoughts on what lies ahead for investors.
Read Full Special report Here >
Canada’s Housing Market Update
Lower prices and growing confidence keep Canada’s housing market recovery intact in June
Canada’s housing market showed further signs of recovery in June with home resales picking up for a third straight month. However, prices remained lower overall with nationwide declines largely driven by softening in Ontario and British Columbia.
Regional disparities in market performance have come into sharper focus recently with some markets in the Prairies, Quebec and Atlantic Canada seeing tight supply-demand conditions, while others in Ontario and B.C. are challenged by high inventory levels, significant affordability issues and deteriorating job prospects.
Market Volatility Hub
What to do when markets are volatile
Market volatility is an inevitable part of investing. Geopolitical events, like the invasion of Ukraine, trade tensions and changes in interest rates are some of the many reasons that cause markets to fluctuate, sometimes drastically.
When markets shift, particularly when they drop quickly, it can be hard not to react. But history shows you will more likely achieve your long-term investment goals if you have a plan and stick to it through all types of market conditions. This may sound easy, but investors have been put to the test in recent times. Veering off course from a carefully thought-out plan can have long-reaching consequences. It can turn a temporary loss of confidence into a realized loss on an investment portfolio.
Complimentary Second Opinion Service
Helping your family build, manage and protect your wealth
If you’re a successful entrepreneur, part of a large family, or a high net-worth retiree/pre-retiree, you may have to manage financial issues that others don’t; This could include inheritances, assets in trust, complex tax planning, or a family vacation property. Perhaps you’d like to put your finances into greater context with your family’s savings, estate and business planning goals. Whatever your personal situation, we are here to help, with a comprehensive review that can ensure your wealth remains “all in the family.”
Our review process typically looks at both your investment portfolio and your overall wealth planning. This way, we can assess your financial situation in the context of your personal tax situation, savings goals, the time you have to invest and other factors such as your insurance coverage or charitable intentions.
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.