Global Insight Monthly - June 2019

June 18, 2019 | Sam McLaughlin


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Markets have recently recoiled at the deterioration of U.S.-China trade negotiations. The U.S. has already imposed several rounds of tariffs on Chinese imports; China’s response has been generally proportional, hitting U.S. exporters with tariffs.

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

Tools of the trade war

With the U.S. and China digging in their heels, RBC Global Asset Management’s chief economist surveys the state of the trade war and looks at how the widening rift could ripple through economic growth. He points to the potential escalation in the tech realm as a key front to watch as the U.S. targets China’s high-tech capability.

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Global inflation—as elusive as ever

Amidst the ebbs and flows of trade war fears and recent market volatility, inflation remains persistently below target in the face of solid growth and record-low U.S. unemployment. This continues to confound markets and policymakers alike. But the Fed has been on the quest for a solution—and now one may be on the horizon.

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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