Cafferky Private Wealth of RBC Dominion Securities Inc.

09/30/2025

RBC Global Asset Management's Fall 2025 Global Investment Outlook is now available either in the short form Executive Summary attached below. Or, if you're interested in a deeper dive please reach out and I will send you the links.

08/11/2025

As U.S. tariff policy continues to evolve, investors are facing more questions than answers. RBC Economics provides a roadmap on when and where tariffs will start to impact the U.S.

07/11/2025

Elevated gold prices should continue to support the TSX, while ongoing tariff uncertainties have us tilting toward perceived less risky categories within fixed income.

03/28/2025

There is still a lot of market uncertainty weighing on markets and investors since the beginning of March. Here is a timely update from RBC Global Asset Management's team updating their Strategic Asset mix – where they are maintaining their positioning at strategic neutral.

Balancing the risks and rewards in our asset mix, we are maintaining a relatively cautious stance with our recommended allocation in line with our strategic neutral positioning. Our base case is for the economy to grow at a modest pace, though we recognize that large deviations are possible given the uncertainty around tariffs.

Click in the link below to read article:

03/16/2025

What a great night at the Cowichan District Hospital Foundation Gala dinner last night. Supporting the CDHF and their fund raising efforts for the new hospital in Duncan. Fantastic venue at Brentwood College in Mill Bay. A great meal prepared by the school at Brentwood College and lots of fun raising funds for the new hospital!

03/11/2025

A period of rapid-fire developments has understandably put investors on edge. We make sense of five catalysts tugging on stock markets and explain why we’re not ready to throw in the towel on the two-year-plus bull market just yet.

A period of rapid-fire developments has understandably put investors on edge. We make sense of five catalysts tugging on stock markets and elucidate why we’re not ready to throw in the towel on the two-year-plus bull market just yet.

02/07/2025

Tariffs can have many economic impacts, but we think investors should focus on the economic and political goals that are driving decision-making.

01/24/2025

With U.S President Donald Trump now in office, there are growing concerns about what potential American tariffs could mean for the Canadian economy. RBC Economics has put together a framework to help economists—and everyone else—navigate the complexities of what lies ahead in the next few weeks and months.

Learn more in the article here:

As the threat of tariffs loom over Canada, here is a framework that will guide economists—and everyone else—through the complicated path ahead.

12/12/2024

The Bank of Canada did what the market expected today and dropped their overnight rate 50 bps to 3.25% - which is at the top of the BoC's neutral range.

The central bank signaled that they will be taking a more gradual approach to any rate cuts moving forward in to 2025 and will likely move to smaller rate decreases to 25 bps in future meetings.

After a first interest rate cut in June, the Bank of Canada again lowered its key overnight rate by 25 basis points at its meeting today, to 4.5%.

11/11/2024

On the 11th hour of the 11th day of the 11th month…when the guns fell silent, we will remember.

10/25/2024

With the U.S. Election looming in under 10 days the polls are suggesting a tight race that could go either way and is "too close to call". Inflation has been retreating and interest rates are following and we expect to see further cuts this year and into next. The combinations of potential outcomes between The White House and Congress will have an impact on financial markets and the US economy so stay tuned and expect a few bumps in the market during this election cycle.

10/16/2024

What poses a bigger problem for the Canadian Economy: Mortgage Renewals or a weaker Labour market? RBC Economics is more concerned with a weakening Labour Market. A former Bank of Canada deputy governor is expecting the Bank of Canada to reduce interest rates by another 50 bps on October 23rd which is welcome news to Canadian borrowers.

Higher mortgage payments certainly hurt the total amount of income available in the economy to spend, but higher unemployment does as well.