Audio commentary: The path to recovery remains uncertain

Apr 06, 2020 | Jim Allworth, Mark Bayko, CFA


RBC Wealth Management’s latest thoughts on COVID-19 and its implications for the economic and investment outlook.


Mark Bayko and Jim Allworth, both members of the firm’s Global Portfolio Advisory Committee, provide an update on the outlook. Despite the view that significant uncertainty remains near-term with respect to the path towards economic recovery, they continue to believe the longer-term drivers of earnings and cash flows for successful businesses remain intact.


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Non-U.S. Analyst Disclosure: Jim Allworth, an employee of RBC Wealth Management USA’s foreign affiliate RBC Dominion Securities Inc. contributed to the preparation of this publication. This individual is not registered with or qualified as a research analyst with the U.S. Financial Industry Regulatory Authority (“FINRA”) and, since he is not an associated person of RBC Wealth Management, may not be subject to FINRA Rule 2241 governing communications with subject companies, the making of public appearances, and the trading of securities in accounts held by research analysts.

In Quebec, financial planning services are provided by RBC Wealth Management Financial Services Inc. which is licensed as a financial services firm in that province. In the rest of Canada, financial planning services are available through RBC Dominion Securities Inc.


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