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by  Eric Lascelles Dec 8, 2023
As the firm’s Chief Economist, Eric maintains RBC GAM’s global economic forecast and advises our portfolio managers on key themes and risks. Eric holds a graduate degree in Economics from Queen's University as well as a Bachelor of Economics from Princeton University. He is also a frequent media commentator on global economic and financial trends.

Inflation may be improving, but our Chief Economist Eric Lascelles finds more evidence this month that the economy is weakening – and possibly heading for a recession.

  • Bond yields falling over the past month.
  • Decrease in rate of U.S. hiring.
  • The Canadian productivity rate being stagnant for six years.

On the plus side, he explores a possible technological boom, lead by generative AI.

Softening economy – December 2023 presentation

Launch presentation >

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