Explore every episode of the podcast The Download with David Richardson

Stu Kedwell examines the market's reaction to the threat of tariffs by the U.S. and how it impacts investor behaviour and market valuations. Stu also explains the importance of long-term investment strategies, especially in the face of potential economic challenges or market disruptions, and the benefits of patience in these scenarios.  (Recorded: February 4, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/assessing-the-market-reaction-to-tariffs/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles discusses potential of tariffs by the United States, their economic impact, the likelihood of various tariff scenarios and the importance of negotiations between countries to mitigate damage. Eric also reviews the Bank of Canada's interest rate decisions in response to economic uncertainties, and the U.S. Federal Reserve's decision to maintain its policy rate.  (Recorded: January 31, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/the-tariff-effect-whats-next-for-the-north-american-economy/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Philippe Langham recaps emerging market equities in 2024, noting renewed underperformance following Trump’s re-election. Phillippe also discusses what could be ahead for the asset class in 2025, considering the potential impact of Trump’s threats of tariffs on economies like China, shifting trade dynamics, and opportunities for EM tech manufacturers.  (Recorded: January 14, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/emerging-market-equities-in-2025-charting-uncertainty/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Sarah Riopelle reflects on key takeaways from 2024 and how a tactical approach to asset allocation is key in a market full of surprises. Sarah also discusses the potential risks to economic growth in 2025, including geopolitical tensions and policy changes and why she is maintaining a neutral asset mix to set up for the year ahead.  (Recorded: January 10, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/balancing-risk-and-reward-in-2025/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell discusses where the potential opportunities could lie in 2025, with a focus on dividend stocks for Canadian investors. Stu also talks about changing market expectations around Fed interest rate cuts and what that could mean for bond investors.  (Recorded: January 9, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/market-trends-to-watch-in-2025/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Andrzej Skiba discusses the outlook for fixed income amid surging U.S. Treasury yields and potential tariff risks. Andrzej also highlights the importance of challenging market views and questioning investment decisions particularly with changing expectations around rate cuts as seen in 2024.  (Recorded: January 8, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/fixed-income-outlook-risks-and-opportunities-ahead-in-2025/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Scott Lysakowski reflects on Canadian market performance in 2024. Scott then looks ahead to potential opportunities for investors in 2025 as Canada’s political and policy landscape changes.  (Recorded: January 7, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/canadian-equities-market-outlook-for-2025/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell reflects on 2024 in markets, including mega-cap concentration, shifting recession calls, and recent post-election enthusiasm. Stu also explains how a diversified strategy can help you navigate market events to come in the year ahead.  (Recorded: December 17, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/2024-in-review-what-markets-taught-us/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Marcello Montanari explores the latest developments in the technology sector, examining how long the super cycle driven by tech giants will continue and diving into emerging technologies shaping the future of the industry.  (Recorded: December 13, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/technology-trends-to-watch-for-in-2025/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell discusses Canadian big bank earnings results and what they reveal about the current state of the economy, as well as the direction for further Bank of Canada interest rate cuts.  (Recorded: December 9, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/navigating-uncertainty-bank-earnings-reflect-challenged-canadian-economy/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles shares his thoughts on the path ahead for rate cuts and the economy as the U.S. and Canada release their latest jobs reports.  (Recorded: December 6, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/november-jobs-report-us-rebounds-canadian-unemployment-rises/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell discusses portfolio engineering and how he uses it as a part of a broadly diversified portfolio management strategy. Stu also talks about Trump’s proposed tariffs for Canada and explains the near- and long-term impacts these potential changes may have on companies.  (Recorded: December 3, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/piloting-through-turbulence-portfolio-engineering-in-investment-management/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwelll discusses the impact of artificial intelligence on the market, including the recent disruption brought on by Chinese AI solution DeepSeek. Stu also highlights the importance of diversifying your portfolio for a range of outcomes and not relying on a single market narrative when it comes to making investment decisions.  (Recorded: January 29, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/adapting-to-market-surprises-the-impact-of-deepseeks-ai-breakthrough/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Andrew Hay discusses the landscape of infrastructure investments and the potential opportunities the asset class may provide within portfolios. Andrew also dives into digital infrastructure, including data centers, communication towers, and fiber cables as demand for digital connectivity grows.   (Recorded: November 29, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/insights-into-infrastructure-investing/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles discusses some considerations and potential implications for the Canadian economy should Donald Trump’s proposed tariff policies be enacted.  (Recorded: November 26, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/talking-about-tariffs-whats-next-for-the-canadian-economy/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell talks about why investor sentiment is on the rise in the U.S., while Canadian investors appear to be taking a more cautious approach.  (Recorded: November 19, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/market-news-the-us-soars-ahead-while-canada-holds-back/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Sarah Riopelle discusses why it’s important for investors to remain focused on the long term and stay invested through periods of short-term volatility. Sarah also discusses how she’s been tactically active in fixed income in recent months and why she is now neutrally positioning the portfolio’s she manages given her outlook for stocks and bonds.  Unless specified, returns refer to RBC Select Very Conservative Portfolio, RBC Select Conservative Portfolio, RBC Select Balanced Portfolio, and RBC Canadian Bond Index ETF Fund as of October 31, 2024. Standard Performance data for Series A of RBC Select Very Conservative Portfolio is: 1yr: 13.8%; 3yr: 0.8%; 5yr: 2.6% and 10yr: 3.1%. Standard Performance data for Series A of RBC Select Conservative Portfolio is: 1yr: 17.1%; 3yr: 2.4%; 5yr: 4.3% and 10yr: 4.3%. Standard Performance data for Series A of RBC Select Balanced Portfolio is: 1yr: 21.6%; 3yr: 3.4%; 5yr: 6.0% and 10yr: 5.8%. Standard Performance data for Series A of RBC Canadian Bond Index ETF Fund is: 1yr: 10.7%; 3yr: -0.7%; 5yr: -0.2% and 10yr: 1.4%.   Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The indicated rates of return are the historical annual compounded total returns for the periods indicated including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. RBC Funds, BlueBay Funds and PH&N Funds are offered by RBC Global Asset Management Inc. and distributed through authorized dealers in Canada. (Recorded: November 13, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/staying-invested-a-strategy-for-all-eras/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles covers two key U.S. stories from an economic view: Trump’s re-election and his outlined policies so far, as well as the Federal Reserve’s decision to cut interest rates again and whether the easing cycle will be impacted amid a transitioning political landscape.  (Recorded: November 8, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/from-tariffs-to-tax-cuts-what-could-the-next-trump-era-mean-for-the-economy/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Andrzej Skiba reviews the U.S. election from a fixed-income and credit market perspective, analyzing how markets are digesting Trump’s win and the implications of his proposed policies. Andrzej also details how he is positioning portfolios in light of this outcome.  (Recorded: November 7, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/election-2024-fixed-income-in-focus/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell shares some observations on market reaction to President-elect Trump and identifies where potential opportunities may exist based on the new administration’s trade policies.  (Recorded: November 6, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/us-post-election-insights-stocks-rally-after-trumps-win/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Scott Lysakowski discusses the strong market reaction to Donald Trump presidential victory and explores how a continued weakening of the U.S. dollar could impact Canadian stocks.  (Recorded: November 6, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/canadian-equities-through-a-post-election-lens/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles recaps the latest U.S. jobs report, digging into what’s behind the slowdown in job growth and what it means for the still-resilient economy. Eric also chats about the upcoming U.S. election, where the betting odds stand, and what each candidate could mean for the economy.  (Recorded: November 1, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/storms-strikes-and-slower-growth-analyzing-octobers-jobs-report/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell shares his insights on key themes from a recent conference in New York. He chats about why Canada’s economy lags behind the U.S., potential fiscal and immigration policy impacts on housing and labour, the shift from AI enablers to adopters, the rise of GLP weight loss drugs and more.  (Recorded: October 29, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/taking-soundbites-out-of-the-big-apple/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Andrew Hay looks back on the key themes that shaped infrastructure in 2024. Andrew also discusses the expectations for the asset class in 2025, focusing on the potential impact higher long-term rates. Other key themes include policy changes in energy security, decarbonization, and the role of energy in enhancing productivity.  (Recorded: January 28, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/whats-driving-infrastructure-in-2025/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles discusses the outlook for the economy following the Bank of Canada’s latest 50 basis-point rate cut. Eric also shares his thoughts on how much lower the BoC might cut rates while avoiding a setback to the Canadian dollar.  (Recorded: October 23, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/cutting-through-rates-whats-next-for-the-canadian-economy/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell discusses strong third-quarter bank earnings in the U.S., and how these results may shape the outlook for further interest rate cuts and achieving an economic soft-landing. Stu also shares diversification strategies for investors to think about as market concentration begins to broaden out.  (Recorded: October 16, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/us-big-banks-beat-expectations-whats-next-for-markets/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Interest rates are falling while U.S. job numbers are on the rise. Stu Kedwell breaks down these stories and more, including recent shifts in commodity prices, Chinese stimulus and the upcoming U.S. election.  (Recorded: October 9, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/markets-in-fall-what-to-watch-for-this-season/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles reviews the latest stories in the economy including September’s better-than-expected U.S. jobs report and what it signals for the economy. Eric also looks into the path ahead for central banks rate cuts, the impact of immigration, and the short-term and long-term economic impacts of natural disasters.  (Recorded: October 4, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/jobs-numbers-heat-up-while-rates-come-down/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell reviews an eventful few weeks in markets, including the Fed’s first 50bps rate cut as well as China’s newly unveiled stimulus measures and their potential to revive the long-stagnant economy.  Stu also discusses prospective AI capex plans, as technology companies continue to grow.  (Recorded: September 26, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/market-news-feds-first-fifty-chinas-stimulus-excitement-ai-capex-expectations/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Josef Turnbull joins the podcast for a look at the U.S. equity market and his approach to challenges of Mag-7 concentration and the Fed’s upcoming rate cut decision. Josef also explains how investing in uncertain markets can be like sailing a boat in choppy waters, and how professional, active management can help to set a course and guide investors through.  (Recorded: September 13, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/steering-through-storms-towards-successful-outcomes/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell and Dave relate short-term focuses in sports commentary and gambling to the fluctuations that take place during long-term wealth building while in an uncertain economy.  (Recorded: September 12, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/broadcasting-on-the-back-and-forth-economy/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Following the jobs reports from Canada and the U.S., Eric Lascelles joins Dave to discuss their effect on upcoming interest rate change.  They also share how baseball is part of their lives.  (Recorded: September 6, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/calling-balls-and-strikes-on-jobs-reports/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell and Dave reminisce about dropping off their daughters at university before examining de-risking an investment portfolio and the psychology behind making that decision.  (Recorded: September 3, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/when-to-de-risk-a-portfolio-and-why-do-it/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles chats with Dave about factors that may influence upcoming interest rate change and how that would impact mortgage payments.  They then touch on the next jobs data update before finishing up by checking in on the Chinese economy.  (Recorded: August 28, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/a-quick-visit-down-some-economic-rabbit-holes/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell explores elevated U.S. stock market valuations, focusing on concerns about overvalued mega-cap tech stocks. Stu also highlights the case for a long-term perspective as policy shifts, including deregulation, play out in the market.  (Recorded: January 23, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/climbing-higher-navigating-inflated-us-valuations/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell discusses the market’s response as the U.S. Fed inches closer toward rate cuts. Stu also reviews Canadian bank earnings this quarter and the outlook for growth amid the monetary easing cycle.  (Recorded: August 27, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/the-feds-first-rate-cut-what-does-it-mean-for-markets/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Andrzej Skiba discusses what’s driving performance in fixed income this year, and if the trend will continue as the U.S. Federal Reserve gears up for its first rate cut.  Andrzej also looks at how U.S. political dynamics and potential tariffs could impact inflation and interest rates.  (Recorded: August 22, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/a-focus-on-fixed-income-as-rate-cuts-ramp-up/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Sarah Riopelle makes the case for the traditional 60/40 balanced portfolio and why this strategy provides investors with stability and return potential in a world full of evolving challenges and opportunities. Sarah also shares her near and long-term outlook for stocks and bonds and how she is positioning in response to the changing interest rate environment and rising geopolitical and macroeconomic risks.  Unless specified, returns refer to RBC Select Balanced Portfolio, Series A, as of July 31, 2024. Standard Performance date for Series A of RBC Select Balanced Portfolio for: 1yr-13.1%; 3yr-3.0%; 5yr-5.8% and 10yr-5.8%.Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The indicated rates of return are the historical annual compounded total returns for the periods indicated including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. RBC Funds, BlueBay Funds and PH&N Funds are offered by RBC Global Asset Management Inc. and distributed through authorized dealers in Canada. (Recorded: August 22, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/a-balanced-approach-remains-compelling/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Rob Cavallo discusses the top-of-mind investment themes in the technology and healthcare sectors, including how long the Magnificent Seve’s run will continue, which companies could emerge as the “new winners” in AI, and what the future of weight-loss drugs may look like.  (Recorded: August 15, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/tracking-key-trends-in-technology-and-health-care/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell discusses the latest in markets, including increasing recession odds following a recent spike in market volatility. Stu also explains how investors can reevaluate scenarios relative to what's priced into a stock, noting recent moves in Starbucks’ share price as an example.  (Recorded: August 13, 2024)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/market-news-recession-call-revival-starbucks-shakeup/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Dagmara Fijalkowski reviews fixed income markets in 2024, highlighting how shifts in long-term inflation, recession expectations, and rate cuts have impacted the trajectory of yields for the year ahead. Dagmara also explores the currency outlook and the implications of a new U.S. administration and policies for investors.  (Recorded: January 21, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/fixed-income-in-2025-the-upside-of-boring/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

David Lambert, Managing Director & Senior Portfolio Manager, Head of European Equities, RBC Global Asset Management Limited, discusses the outlook for European equities and notes that despite a time of heightened geopolitical and economic uncertainty, opportunities may still emerge as things become ‘less worse.’ David also looks at interesting trends in sectors and industries including discretionary luxury goods, weight-loss drugs, and AI technology.  (Recorded: January 20, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/european-equities-in-2025-signs-of-steadiness/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell recaps the first weeks of 2025 in markets and explains how investors can navigate the many unknowns still ahead. Stu also discusses the importance of a strong management team within companies as they can help to expand the margins and free-cash flow generation.  (Recorded: January 17, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/staying-consistent-after-a-mixed-start-to-the-year/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Habib Subjally, Managing Director & Senior Portfolio Manager, Head of Global Equities, RBC Global Asset Management Limited, discusses the elements that go into building robust portfolios and identifying companies that can capture growth and withstand risks. Habib also shares his outlook for the year ahead, noting key 2024 themes like weight-loss drugs and AI technologies will likely evolve further.  (Recorded: January 16, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/positioning-for-long-term-success-in-2025/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles reviews December’s jobs reports for both Canada and the U.S. and why employment growth could diminish the outlook for further rate cuts in 2025. Eric also discusses other key economic themes on his radar, including the potential impact of Trump’s tariff plans and if growth is on the way for the Canadian economy.  (Recorded: January 15, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/will-job-market-strength-leave-rate-cuts-in-question/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

The Co-Heads of North American Equities are formally welcomed to The Download podcast in their new roles. As they look back at 2024, Irene Fernando focuses on the performance of Canadian banks, while Sarah Neilson looks at commodities.  (Recorded: January 10, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/curious-about-north-american-equities/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles discusses the latest jobs reports, diving into the complexities and uncertainty around U.S. tariffs and how market reactions could influence political decisions and future negotiations. Eric also highlights the importance of keeping economic fundamentals in mind and making consistent, rational decisions for long-term investment success. (Recorded: February 10, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/beyond-borders-the-economic-impact-of-trade-barriers/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell shares his thoughts on a hodgepodge of investment topics, taking inspiration from the gloves hitting the ice during the recent Canada-U.S. hockey game. Dave and Stu discuss the emotions felt when investing versus watching a high-profile hockey game.  (Recorded: February 20, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/investment-stus-faceoff-with-dave/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Sarah Riopelle discusses equity market performance and various risks so far this year, as well as recent developments in bond markets. Sarah also touches on the importance of active management within investment portfolios in navigating market conditions.  (Recorded: February 24, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/risk-vs-return-finding-a-balanced-investment-strategy-for-2025/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles discusses the current geopolitical climate and explores how ongoing policy uncertainty could affect economies, particularly GDP and stock market performance. Eric covers concerns about tariffs and their potential to disrupt economic plans, particularly in relation to growth and managing the deficit.  (Recorded: March 7, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/geopolitical-storms-cloud-the-economic-outlook/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested