'The 10-Minute Take' is a new podcast series dedicated to providing insights from RBC economists and market experts on events unfolding around the globe.
Featuring Craig Wright, SVP and Chief Economist, RBC
After one month of declines, 10,000 points off the Dow and a lot of “announcement indigestion,” RBC’s Chief Economist Craig Wright says markets are still searching for a bottom. They’re unsure of how to price so much new risk, all at once. Central banks are also struggling to assert themselves, while governments have not been able to get enough new money into the economy. Even when the trillion-dollar checks are cut, will consumers spend and businesses invest?
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This content is based on information available at the time it was recorded, and is for informational purposes only. It is not an offer to buy or sell, or a solicitation, and no recommendations are implied. It is outside the scope of this communication to consider whether it is suitable for you and your financial objectives.
Additional disclaimer
The third party content used in this document/site is not intended to and does not constitute an endorsement by RBC Investor & Treasury Services (RBC I&TS) of the author or the third-party materials. The content and views within the third-party material are solely those of the third party and do not reflect the opinions of RBC I&TS. These materials are provided by RBC I&TS for general information purposes only. RBC I&TS makes no representation or warranties and accepts no responsibility or liability of any kind for their accuracy, reliability or completeness or for any action taken, or results obtained, from the use of the materials. Readers should be aware that the content of these materials should not be regarded as legal, accounting, investment, financial, or other professional advice, nor is it intended for such use.