Thomas Garretson, CFA

Senior Portfolio Strategist
Fixed Income Strategies
Portfolio Advisory Group – U.S.

Thomas Garretson is a senior portfolio strategist, Fixed Income Strategies, Portfolio Advisory Group–U.S. He has more than 10 years of experience in the financial services industry and joined RBC Wealth Management in 2013.

Thomas currently chairs the firm’s U.S. Fixed Income Subcommittee and serves on the Global Portfolio Advisory Committee and the U.S. Investment Committee. He collaborates with other members in setting firm-wide asset allocation recommendations. In addition, he is frequently quoted in leading sources of business information, including The Wall Street Journal, Bloomberg and Reuters.

He earned a Master of Business Administration in finance from the University of Minnesota’s Carlson School of Management. Thomas also has a Bachelor of Science in finance from the University of Denver.

Prior to business school, Thomas worked as an associate with SHR Capital Partners, a Greenwich, Connecticut-based private equity firm. In that role, he evaluated investment opportunities in the advertising and consumer services industries.

He obtained the Chartered Financial Analyst designation from the CFA Institute and has passed the FINRA General Securities Representative Series 7 exam.

Thomas' insights

Interest rate mood swings


April brought the usual spring showers, but it also brought some adjusted central bank rate cut expectations. We examine the what and why of the revisions and explain how investors should proceed.

9 minute read

The Fed adjusts its focus, but the rate outlook remains blurry

The Fed keeps playing down upside risks to inflation, but did it just start playing up downside risks to labour markets? Ahead of key jobs data, how sensitive might the Fed be to any labour market weakness?

7 minute read

Central banks are off to the races

While the Fed’s meeting didn’t deliver much that was new, it at least eased concerns that rate cuts could be delayed. Other central banks grabbed the spotlight, with potentially significant ramifications.

7 minute read

When a Fed push results in a market shove

Fed Chair Jerome Powell tried to push back on near-term rate cut expectations, but markets shoved right back. Pricing suggests markets are concerned that if the Fed waits too long to cut rates policymakers will only have to cut them more.

6 minute read

Have bonds rallied too far, too fast?

Swelling expectations of rate cuts have been a boon for bond markets. But could a step up in inflation put that narrative in jeopardy to start the year?

7 minute read

Bond math is more than yield

Has the time come for fixed income investors to look beyond yield, and to the prospects of bond price appreciation and potentially lofty total returns?

6 minute read

Has the era of zero and negative interest rates ended?

As global interest rates reach levels not seen in more than a decade, we explore what may be in store for the future of monetary policy.

10 minute read