Given the recent equity market pullback, I thought it would be worthwhile to delve deeper into the thoughts from the RBC Global Investment Committee.
The recent equity market pullback has caused some investors to question whether this is the start of a persistent bear market. The attached Global Insight report has some excellent analysis on the current state of equity markets, and why the economic factors and earnings growth should continue to influence modest equity market growth (see Pressure System, page 4).
As always, I’d be happy to discuss this outlook with you to determine a strategy going forward.
Have a great day,