Market Research

What is happening with Bitcoin?

Bitcoin is a potentially transformative technology whose impacts may extend beyond its use as an investment. For its most ardent advocates, a belief that Bitcoin will change society is close to an article of faith. Conversely, there are many decided nonbelievers who view the current enthusiasm for Bitcoin as a speculative phenomenon. The financial world is starkly divided on this issue.

Please note that RBC Wealth Management does not currently provide any recommendations or solutions related to Bitcoin or other cryptocurrency assets. The following is our effort to summarize and clarify the many questions about what Bitcoin is and how it may be relevant to investors today, and is for information purposes only. In our view, any investment in Bitcoin should be considered speculative, meaning that investors should be prepared to lose all of their investment.

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Global Insight 2021 Outlook

RBC Wealth Management has launched the Global Insight 2021 Outlook, which showcases unique perspectives on issues and opportunities that could define the year ahead.

You can enjoy the complete report in PDF format here: 2021 Outlook

Or, you can read each article separately by clicking on the mobile-friendly links below:

• The shape of things to come: As economies regain their pre-pandemic peaks and corporate earnings recover further, we expect equities could provide attractive all-in returns in 2021, and probably for 2022 as well.
• The debt dilemma: Governments are awash in debt, and there are no signs borrowing will let up anytime soon. Is more debt sustainable, and what are the risks for economies and taxpayers?
• Inflation: To be, or not to be?: With the U.S. economy still in the process of reopening, where is inflation going from here and what can investors watch to gauge how price pressures may be building?
• Fixed income: Not dead, just different: What worked in the past may not work in the future. We suggest splitting the roles of capital preservation and income generation in fixed income portfolios.
• 2021 investment stance: Ultralow interest rates should make equities the asset class of choice in 2021 while making fixed income more challenging. We provide our thoughts about portfolio positioning for 2021 by asset class and region, and our forecasts for currencies and commodities.

Contact us with questions and to discuss pertinent investment ideas.

I appreciate the opportunity to serve you and look forward to continuing to help you accomplish your long-term financial goals.

Wealth Management Quarterly