This week, we’re keeping our economic update to the headlines, featuring the latest articles and podcast from the team at RBC Global Asset Management and RBC Wealth Management:
- Do central banks have any good options to tame inflation
- Shifting to neutral in turbulent markets
In addition to our economic update, we have included a video from RBC Royal Trust that speaks to how their services can help you when considering who to appoint as your executor, How RBC Royal Trust can help: Executor services.
As always, we end our weekly newsletter with a few good news stories from in and around our community. We’ve also included a few photos from The Jennifer Wahlroth Memorial Charity Golf Tournament that we attended earlier this week.
Do central banks have any good options to tame inflation?
As aggressive rate hikes fuel concerns about a potential economic downturn, we look at the policy options and the factors that could drive changes.
While the talk of recession and the risk of an economic downturn have both increased as a result of aggressive policy tightening campaigns – and are likely to continue to do so – in our view, such an outcome is not inevitable. To a large extent, market valuations may already reflect those risks; and while the word “recession” always has an unpleasant connotation, neither the depth nor the duration of any potential pullback would be easily gauged in advance. We suspect that a mild contraction in economic activity could allow supply chains time and space to recover, setting the stage for a more sustainable expansion in the aftermath.
Read the article online: Do central banks have any good options to tame inflation?
Shifting to neutral in turbulent marketsIn this episode, Stu Kedwell, Co-Head of North American Equities, discusses how he balances risk and reward within the different funds he manages during down markets. Stu also shares some key things he is thinking about to capture opportunities in the next phase of the market cycle. Listen to the podcast online: Shifting to neutral in turbulent markets |
How RBC Royal Trust can help: Executor services
If you are planning your own estate and are considering who to appoint as your executor, or if you find yourself acting as an executor, RBC Royal Trust’s team of professionals can help.
Watch the video online for more information: How RBC Royal Trust can help: Executor services
Jennifer Wahlroth Memorial Charity Golf TournamentOn Monday, a few members of our team were at the Jennifer Wahlroth Memorial Charity Golf Tournament, in support of The Community of Hearts Lifelong Learning Centre. We were honoured to be the presenting sponsor for this tournament, and thrilled that we have had the opportunity to build such and amazing partnership with the Community of Hearts over the past number of years. Tom Schuett and Rishan Sathasivam were out on the course, keeping it under par! Our team was also out on the first tee with snacks, drinks, and a chipping game that had winners walking away with an Elinesky Schuett golf umbrella. We heard some great things about those swag bags too! Congratulations to all on such a successful tournament. |
Community Corner
Each week, we like to share a few good news stories from in and around the community. We hope that they brighten your day!
- Tour de Guelph returns with in-person event this Sunday
- Cooling off on a hot day in Eden Mills (12 photos)
- Riverside Park was lively for Indigenous Peoples Day (14 photos)
- New youth wellness hub celebrates grand opening in Guelph
- 3 things to know about the return of Guelph's Art on the Street
- Centre Wellington celebrates Canada’s birthday
- 100 Women Who Care donate to Community Resource Centre
As always, we are available to connect with you personally. Please don’t hesitate to contact us at 519-822-2024 or elineskyschuett@rbc.com.