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.
Rising optimism for 2021 - December 2020
With three strong vaccine candidates on the horizon, and seemingly market-pleasing U.S. election results, Chief Economist Eric Lascelles looks ahead with optimism for 2021. Many countries continue to see a spike in virus cases. Yet, a more aggressive approach to lockdown measures could mean the economic damage associated is likely to be less severe in the second – or third – wave. Eric also discusses what the incoming Biden administration could mean from a Canadian perspective.