Weekly Insights

Jun 25, 2018 | Ronald J. Wilcock


Share

June 21, 2018 - Insights into the equity, fixed-income, currency and commodity markets from RBC Wealth Management.

With June 21st being the official first day of summer; this is about to be the first full week and first long weekend of summer. The weather appears to be set to co-operate. For me, I intend to take full advantage and am looking to enjoy this fantastic weather with a little golf, a little friends and family, and a little yard work.

 

This Past Week; Further trade escalations has investors concerned south of the boarder and especially in China. With NAFTA temporarily taking a back seat in the headlines, the TSX was actually up 0.8%. The SP500 however was down -0.9% while the DOW was down -2.0%. With President Trump talking about further trade escalations yesterday, markets are reacting negatively today. We did caution that it would not be surprising if there were further dips and that we are trying to take advantage of the opportunities as they arise in both directions. Our Canadian, US, and Global Focus Lists were all positive and ahead of the markets as of the end of May, and have continued moving even higher month to date in June.

 

The Weekend/Weather; After some forecasted rain Wednesday, the rest of the week looks fantastic with temperature moving up into the 80’sF/mid to high 20’sC, and then into the 90’s/30’s on the weekend.

I hope you are able to enjoy the gorgeous weather and have a fantastic week and long weekend

Global Insight WEEKLY

Trade talk turns tough

Global Insight Monthly

In conversation: Paying attention to the yield curve

 

My team provides a proven, comprehensive approach to wealth management for business owners and families. Should you know of any friends, family, or associates whom you think would benefit from our professional services, it would be my pleasure to talk with them to learn how we can help. Contact Us Here to be added to our Weekly Newsletter or to ask for a complimentary portfolio review.

 

This information is not investment advice and should be used only in conjunction with a discussion with your RBC Dominion Securities Inc. Investment Advisor. This will ensure that your own circumstances have been considered properly and that action is taken on the latest available information. The information contained herein has been obtained from sources believed to be reliable at the time obtained but neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers can guarantee its accuracy or completeness. This report is not and under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This report is furnished on the basis and understanding that neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers is to be under any responsibility or liability whatsoever in respect thereof. The inventories of RBC Dominion Securities Inc. may from time to time include securities mentioned herein. RBC Dominion Securities Inc.* and Royal Bank of Canada are separate corporate entities which are affiliated. *Member-Canadian Investor Protection Fund. RBC Dominion Securities Inc. is a member company of RBC Wealth Management, a business segment of Royal Bank of Canada. ® / TM Trademark(s) of Royal Bank of Canada. Used under licence. © 2018 RBC Dominion Securities Inc. All rights reserved.