| We are pleased to share RBC Wealth Management's latest investment newsletter. Are low bank valuations a reason to buy the sector? Historically, banks have tended to benefit from rising interest rates. In the U.S., Canada, UK, and Europe, bank valuations are compelling. Does that mean it is time to add bank exposure to global portfolios? Regional developments: Canadian headline inflation slowed in June; U.S. economic activity remains resilient, but weakness is emerging abroad; Finally a downside surprise in UK Inflation data; China takes actions to support private business development Please take some time to review the Global Insight Weekly. Feel free to contact our team 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. Past performance is no guarantee of future results.Privacy & Security | Legal | Accessibility | Member-Canadian Investor Protection Fund 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. ®Registered trademarks of Royal Bank of Canada. Used under license. © RBC Dominion Securities Inc. 2023. All rights reserved. |