We are pleased to share RBC Wealth Management's latest investment newsletter.

A pause for thought: Investors were left scratching their heads by the Fed’s hawkish pause coupled with an outlook for not one but possibly two more rate hikes this cycle. But the answer seems obvious to us—it’s buying time to assess more economic data. We unpack the Fed’s thinking and what it means for the investment environment.

Regional developments: Strong economic data suggest the BoC’s job is still not done; U.S. stocks post fresh gains, but several indicators argue for caution; No European Central Bank pause in sight as inflation remains too high; Yen hits 7-month low against the greenback.

Please take some time to review the Global Insight Weekly.

Feel free to contact us with any questions and/or to discuss investment ideas. We appreciate the opportunity to serve you and look forward to continuing to help you accomplish your long-term financial goals.

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