Audio commentary: Coronavirus developments and market impact

Mar 19, 2020 | Elinesky Schuett Private Wealth Management


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RBC Wealth Management’s latest thoughts on the unfolding coronavirus outbreak and the investment implications.

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As the COVID-19 situation continually evolves, this is a period of great uncertainty for all of us.

To help make sense of these difficult times, Jim Allworth, RBC Dominion Securities’ Investment Strategist, shares his views on the economic impact of the outbreak and what this disruption means for financial markets, what we’re observing during these fast-moving developments, and what to expect from here.

Please take a few moments to listen to the audio file.

As we have talked about perspective during volatility and benefits of staying the course, Jim reminds everyone that when purchasing stocks of a particular company, “You’re not buying today’s earnings. You’re buying a long-term stream of earnings”. This is our belief as well, and why we focus on high-quality dividend stocks and bonds to build our client portfolios.

As always, we will remain vigilant and are available to answer any questions that you may have. Please do not hesitate to contact us at 519-822-2024 or elineskyschuett@rbc.com.

 

Jay Elinesky, Vice-President, Portfolio Manager

 

Tom Schuett, Vice-President, Portfolio Manager

 

Karie Huisman, Associate Investment Advisor

 

Jennifer Goody-Brown, Associate Investment Advisor

 

Elinesky Schuett Private Wealth Management | RBC Wealth Management | RBC Dominion Securities Inc. | T. 519-822-2024 I T. 1-844-369-1269 | F. 519-822-1982 | 42 Wyndham Street North, 3rd Floor, Guelph, Ontario N1H 4E6 | www.elineskyschuett.com | Facebook