New Year 2019
Check out the most recent quarterly outlook videos from RBC Global Asset Management
Financial markets stumbled amid tightening financial conditions, rising protectionism and slowing global growth. While the expansion is facing a variety of challenges, our tempered outlook suggests the global economy will still grow close to its fastest rate in the post-crisis era.
Over the longer term, we think that the potential for yields to rise will likely be gradual and extend over many years. We don't expect to see substantial increases in bond yields in most major regions over our one-year forecast horizon.
Amidst heightened volatility, equities still offer decent upside under reasonable assumptions, as long as earnings continue growing as analysts expect.