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MacroMemo | 03 October 2023
Macroeconomic update from Eric Lascelles, Chief Economist, RBC Global Asset Management.
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MacroMemo | 09 January 2024
Macroeconomic update from Eric Lascelles.
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MacroMemo | June 13 2023
Technology and the economy / Debt ceiling asides / Fed liquidity programs / Contrarian on China / Softer economic data / Eurozone recession
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Double bogey
Saudi continues to double down on an ambitious agenda.
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Muddy Waters
With plenty of data uncertainty for the time being, we don’t see merit in taking a strong directional view in markets.
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Roaring kitty, purring markets
CPI data was pretty much straight down the middle of the fairway this week, and markets have responded with some genteel applause in the background.
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Braving the cold
We remain cautious, as uncertainty proliferates, with geopolitical developments and upcoming central bank meetings likely to set the tone.
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Left feeling a bit deflated
Looking ahead with central banks and major data releases behind us, there is no clear focus for market attention over the next couple of weeks.
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Action speaks louder than words (or dots)
Or is it a case of glass half full versus glass half empty?
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Come what May
We generally see economic activity moving ahead on a healthy trajectory, supported by a labour market which continues to look in good shape.
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