Good afternoon,
In the AI world, tangible reality bumped up against exuberance over the past few days, and despite a strong finish today, Movember is looking like a bit of a haircut as we near the end of an otherwise strong year-to-date.
In this vein, I have a few firm-sourced updates for you to scan through today. Enjoy!
Here’s a less-than 2 minute video on the Canadian Federal Budget: Short video.
Here’s a current RBC Global Asset Management Economic Update:
Segments in the article:
- Shutdown over – for now
- Economic data run
- Positive tariff developments
- Gold shines in the spotlight
- Why are oil prices so low?
- A less-than-transformational Canadian budget
- Will defence spending provide a fiscal lift?
The Full Update is here.
And for a still current-er update (the current-est). Here’s an economic brief for the week that hasn’t happened yet: Next week
(I bet you didn’t know we could do that.)
And, as usual, here’s this week’s RBC Wealth Management investment newsletter.
Building on a narrow base
Long-term economic trends have left the U.S. economy increasingly reliant on spending by upper-income households. We unpack the potential implications for economic stability and Federal Reserve policymaking.
Robust earnings fail to soothe tech-sector nerves
Despite strong quarterly results, macroeconomic headwinds and AI’s unproven return on investment continue to cloud the long-term horizon.
More here: Global Insight Weekly.
Feel free to contact me with any questions and/or to discuss investment ideas.
Enjoy your weekend!
Christmas is coming!
Yikes!
Mark