We are pleased to share RBC Wealth Management's latest investment newsletter.
Are banks facing a real estate reckoning?
Despite the hard realities of mounting losses on real estate loans, we think a fair dose of hyperbole is going around. We dissect the problem before arguing the overall U.S. banking system is healthy and able to weather any volatility ahead.
Regional developments: Bank of Canada concerned about reducing rates prematurely; A dash of realism about S&P 500 earnings; Mediocre European earnings season; China equities rebounding.
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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