The world’s cache of government bonds trading at negative yields has soared. How did this come about and how will it distort financial markets?
It is our view that the economic expansion and equity bull market have further to run. But alongside bullishness should come heightened cautiousness. Read our outlook for global equities.Learn more
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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 profile
Director of Portfolio Advisory Group,
“We continue to suggest to our investors that they maintain their asset allocation to stocks; what is comfortable to them, what makes sense from a strategic standpoint for their allocation and there are reasons for that. Number one: We see no risk of U.S. recession. If we did, the view would be quite different.”View profile