Global Insight: Iranian Tensions bubble below the surface

Aug 02, 2019 | Jeremy Goldfarb


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If you click this link, you will be presented with the latest Global Insight report from RBC Wealth Management. There are great forecast charts on the economy globally, some good insight on the CAD/USD relationship (Canadian dollar strength is fleeting), and finally, a very interesting read on the Iranian Tensions that have been bubbling up.

 

July, and August are times when we traditionally see a fairly skinny news cycle, and this year is really no different. Those that are paying attention are craving content while everyone else sits on a beach, a dock or something like that. Volume dries up until September when everyone starts taking themselves seriously again.

 

Markets have likely hit a medium term peak from which we could see a pullback, but the bullish thesis largely remains intact.

 

Enjoy the report, and the long weekend.