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Hear directly from RBC Global Asset Management Chief Economist, Eric Lascelles in his monthly and quarterly updates. Representing RBC GAM Investment Strategy Committee's (RISC) economic views, Eric shares timely insights and the expectations of RBC GAM on the global economy.

New and lingering headwinds for growth - December 2021

In this month’s webcast, Chief Economist Eric Lascelles reviews the current COVID-19 situation. As the number of cases continues to rise in many developed countries, the emergence of a new and possibly more contagious variant – Omicron – could push infections significantly higher. Eric details some best and worst case scenarios in responding to the variant, and discusses its potential impacts to the world economy. Eric also provides an update on the U.S. business cycle scorecard, noting we are in mid-cycle, and are advancing quickly. He concludes with some thoughts on inflation, and whether inflationary pressures will persist in 2022.

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This weekly update brings you the latest thinking from RBC Global Asset Management's Chief Economist Eric Lascelles.

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Every quarter, the RBC GAM Investment Strategy Committee (RISC) develops a detailed global investment forecast. Read their latest thinking in this in-depth quarterly report and watch videos that highlight their views.


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This document is provided by RBC Global Asset Management (RBC GAM) for informational purposes only and may not be reproduced, distributed or published without the written consent of RBC GAM or its affiliated entities listed herein. This document does not constitute an offer or a solicitation to buy or to sell any security, product or service in any jurisdiction. This document is not available for distribution to people in jurisdictions where such distribution would be prohibited.

RBC GAM is the asset management division of Royal Bank of Canada (RBC) which includes RBC Global Asset Management Inc., RBC Global Asset Management (U.S.) Inc., RBC Global Asset Management (UK) Limited, RBC Global Asset Management (Asia) Limited, and BlueBay Asset Management LLP, which are separate, but affiliated subsidiaries of RBC.

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© RBC Global Asset Management Inc., 2020

Publication date: (March 27, 2020)