Global Insight Monthly - March 2019

March 14, 2019 | Sam McLaughlin


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Equity markets have rallied very strongly since their December lows. Many of them now in overbought territory, we would expect them to trade within a range in the short term. In fact, it wouldn’t be unusual for them to retrace some of their gains.

I am pleased to share the latest investment strategy report from RBC Wealth Management—Global Insight.

European economy: Course correction?

Is the European economic cycle fizzling out, or will it reassert itself? We look at what has caused Europe to veer off track and make the case that the economy will regain its long-term growth trajectory.

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Global equity: Higher ground ahead … and higher risk

The “countdown clock” for the next U.S. recession has not yet started, but it is closer to doing so. The odds are good that stock markets will post new highs in the year ahead. There is also a growing probability that a cycle peak for markets will be set sometime within the same interval.

As always, Global Insight also provides our latest thoughts on equities, bonds, currencies, and commodities.

Please take a few moments to review this month’s Global Insight.

Contact me 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.

 

Sam