Thoughts from RBC CM's Head of US Equity Strategy

March 25, 2020 | Robert Thomson

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Attached is a link to a conversation with RBC Capital Market's Head US Equity Strategist, Lori Calvasina.  

 

Conversation with RBC CM's Lori Calvasina

 

This call was recorded on Monday March 23rd, Lori is a little technical in her explanations, so it may not be for everyone. 

  • She is anticipating a brief recession for 2020, however it is already priced in and she sees a recovery from the current level and forecasting growth for 2021.
  • We may not have seen the bottom yet, however signs are we are close to it.
  • Market Recovery will happen before we see the situation facing us in day to day life subside.
  • Portfolios should have a combination of defensive stocks and stocks in strong businesses that are oversold. 

 

 

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