The latest #MacroMemo tackles a wide range of topics, beginning with rising COVID-19 cases and increased government restrictions. We then tackle new issues including flooding in British Columbia, the re-appointment of Fed Chair Powell and a recap of the COP26 climate change summit. Next we review recent economic and inflation trends, and check in with supply chains and the oil market. Finally, we debate the long-term outlook for inflation and identify a shifting balance of power between workers and companies.
Click here for the full report; RBC GAM #MacroMemo.