Economic update, RBC Royal Trust services, and community news

June 24, 2022 | Elinesky Schuett Private Wealth Management


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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 markets

Stu KedwellIn 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

https://ca.rbcwealthmanagement.com/delegate/services/file/3388261/contentIf 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 Tournament

Event photos from a golf tournament. On 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!

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.