| We are pleased to share RBC Wealth Management's latest investment newsletter. Bubble watch: A growing chorus on Wall Street is warning a bubble may be forming in the U.S. stock market. But before thinking this AI-led rally could be too much of a good thing, investors should note some key differences vs. the Tech Bubble peak 24 years ago, along with other healthy signs we see today. While a near-term pullback can’t be ruled out, we argue this is not Tech Bubble 2.0. Regional developments: Bank of Canada holds rates at 5.0%; U.S. Fed chair tells Congress that policy depends on data; Europe upgrade, UK downgrade; China sets 2024 growth target at around 5% 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. 2024. All rights reserved.
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