Global Insight 2021 Outlook
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COVID-19: Updates on market impacts
Timely information on the COVID-19 outbreak and its implications for investors.
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Eric Lascelles
Chief Economist
RBC Global Asset Management Inc.
“In retrospect, the decision to deliver fiscal stimulus during the worst of the economic downturn was inspired. Not only have bond markets reacted well, but international evidence has also congealed around the conclusion that every dollar borrowed generated two in economic benefits. So far, so good.”
View profileFrédérique Carrier
Managing Director, Head of Investment Strategy
“Europe has long endured a sick and sclerotic economy. But its tepid recovery is showing signs of vibrancy. While more needs to be done to nurture a sustainable recovery, we see attractive opportunities.”
View profileJanet Engels
Head, Portfolio Advisory Group – U.S.
“The recovery is gathering momentum, supported by the government’s fiscal firepower and the Fed’s easy money policy. As vaccinations accelerate, a fuller reopening of the economy is in sight, allowing the release of pent-up consumer demand—the next boost to the economy. Stocks have continued to climb, and while valuations are rich, we remain constructive.”
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