The Download with David Richardson

Stu Kedwell reflects on 2025 in markets as a volatile yet reasonable year, emphasizing discipline and a balanced perspective in navigating uncertainty. Stu also explores the role of active managers in steering through market shifts, and highlights scenario analysis as essential for anticipating outcomes and mitigating risks. (Recorded: December 23, 2025)To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/2025-in-review-strategic-lessons-for-tomorrows-markets/detail/?disclaimer=true.RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles shares his thoughts on a flurry of economic developments, including U.S. job numbers, inflation trends and central bank rate cuts. Eric also discusses his outlook for both the Canadian and U.S. economies in 2026. (Recorded: December 18, 2025)To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/economic-whirlwind-job-markets-inflation-and-policy-shifts/detail/?disclaimer=true.RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Eric Lascelles discusses Canada’s unexpected job growth and a decline in unemployment despite conflicting signals about labour force participation and broader economic health. Eric also examines AI’s dual role in enhancing productivity and disrupting employment, and shares a positive economic outlook for 2026. (Recorded: December 15, 2025)To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/global-economy-2026-tariffs-tech-and-tailwinds/detail/?disclaimer=true.RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Stu Kedwell discusses the resilience of Canadian bank earnings, driven by stable credit provisions, improving net interest margins and strong performance in capital markets and wealth management. Stu also identifies key forces that could boost Canada’s economic growth in 2026, including large-scale infrastructure projects, strategic trade agreements, and renewed capital expenditure in the energy sector. (Recorded: December 11, 2025)To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/unlocking-canadas-2026-growth-drivers-and-market-opportunities/detail/?disclaimer=true.RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

Marcello Montanari and Rob Cavallo discuss key trends shaping the 2026 outlook, including rising AI skepticism, Google’s AI resurgence through innovations like Gemini 3.0. They highlight healthcare’s role as a defensive hedge against AI-driven market volatility, and express long-term optimism for the tech sector, citing growing demand for capacity and infrastructure buildouts. (Recorded: December 10, 2025)To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/decoding-2026-predictions-for-tech-healthcare-and-ai/detail/?disclaimer=true.RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested