Podcasts by RBCs Markets in Motion
Our regular podcast from Lori Calvasina, Head of US Equity Strategy, that brings a fresh perspective and nuanced, data driven view on the forces shaping U.S. equity markets.
Disclaimer: https://www.rbccm.com/en/policies-disclaimers.page
Further podcasts by Lori Calvasina
Podcast on the topic Geldanlage
All episodes
Russia Rundown from 2022-02-18T12:48
This week in the podcast, we run through our thoughts on what a Russian invasion of Ukraine might mean for US equity markets going forward. Three big things you need to know: First, US public compa...
Listen
Bottoming, Stabilization, Recovery, and Risk from 2022-02-14T12:42
This week in the podcast, we run through our latest thoughts on earnings, sentiment, trends in high frequency indicators, and Russia. Five big things you need to know: First, with 4Q21 reporting se...
Listen
Halftime Report For 4Q21 Reporting Season from 2022-02-07T00:00
This week in the podcast, we run through our main takeaways on 4Q21 reporting season, with just over half of S&P 500 results in. The big things you need to know: First, the earnings resiliency we d...
Listen
Five Good Things We See In The Data from 2022-02-02T19:52
This week in the podcast, we run through five good things we’re seeing in the data right now for the broader US equity market right now. First, bottom-up 2022 and 2023 EPS forecasts have been holdi...
Listen
A Bad Start, Perhaps Just Bad Enough from 2022-01-24T12:18
In this episode, we run through early takeaways from the 4Q21 earnings reporting season, a few new thoughts on the Growth/Value rotation, and an update on investor sentiment. Four big things you ne...
Listen
The Stock Market’s Tug of War from 2022-01-19T09:57
In this edition of the podcast, we discuss the biggest takeaways from the publication of Macroscope, our big monthly chartbook digging into the US equity market from top to bottom, looking at every...
Listen
Happy New Year to Value from 2022-01-14T05:43
In this edition of the podcast, we review our latest thoughts on the fierce rotation we’re seeing from Growth to Value and Cyclicals so far in 2022. Two big things you need to know: (1) We think it...
Listen
Confidence That Companies Will Continue to Manage Through from 2022-01-04T10:23
This week in the podcast, we run through the results of our quarterly RBC US equity analyst survey, which we conducted in late December 2021. The big things you need to know: First, our analysts’ o...
Listen
RBC Snap Survey Results – Divided and Conflicted from 2021-12-22T17:17
This week in the podcast, we’re running through the results of our December US equity investor survey, conducted December 16th through 21st. Three big things you need to know: First, half of invest...
Listen
US Equity Market Outlook: Goodbye to 2021 from 2021-12-15T08:50
This week in the podcast, we recap some of the conversations we’ve been having with investors in December about our 2022 forecasts. Two big things you need to know: First, investors have been keen ...
Listen
Investor Views on the Omicron Variant from 2021-11-30T17:09
This week in the podcast, we review the results of our November 29th investor survey on views regarding the omicron variant. The big things you need to know: (1) “Neutral/don’t know” was the most p...
Listen
Catching Up from 2021-11-15T09:35
This week in the podcast, we review our latest thoughts on the broader US equity market outlook. The big things you need to know: First, last week we moved our 2022 SandP 500 target up by ~3% to 5,...
Listen
Three Thoughts on the US Equity Market’s Recent Resiliency from 2021-11-02T12:28
This week in the podcast, we review our latest thoughts on the US equity market’s recent resiliency. The big things you need to know: First, US equities tend to outperform bonds when the Fed is hik...
Listen
Individual Investors Bounce Back, As Earnings Season Ramps Up from 2021-10-26T10:38
This week in the podcast, we review our latest thoughts on investor sentiment and 3Q21 earnings season. The big things you need to know: First, in terms of investor sentiment, optimism continued to...
Listen
A Good Enough Start To 3Q21 Reporting Season from 2021-10-19T11:14
This week in the podcast, we revisit our work on investor and earnings sentiment, which we’ve been watching closely post Labor Day, offer a few thoughts on earnings season which officially got unde...
Listen
The View From The Trenches Helps Put Current Worries Into Context from 2021-10-12T12:42
This week in the podcast, we run
through the results of our latest quarterly RBC analyst survey, in which we
poll the firm’s equity analysts on the outlooks for the industries they cover.
The Mood of the Market Has Gotten More Pessimistic, But Investors Are Still Buying Value from 2021-10-05T16:23
In this episode, we’re continuing to explore the state of investor sentiment by digging into the results of our late September US equity investor survey. Four big things you need to know: First, pe...
Listen
Institutional Investor Sentiment Finally Takes A Hit from 2021-09-30T13:11
This week in the podcast, we discuss the latest developments in investor and earnings sentiment, which we’ve been keeping a close eye on this month, as well as a few thoughts on the rotation out of...
Listen
Supply Chain Concerns Spark Deterioration In Investor & Earnings Sentiment from 2021-09-20T12:31
This week in the podcast, we tackle three topics: investor sentiment, earnings sentiment, and supply chains.
Three big things you need to know: (1) First, individual investor sentiment has fall...
Aftershocks from 2021-09-14T18:33
In this episode, we update our thoughts on the broader US equity market outlook. Three big things you need to know: (1) First, we are lifting our 2021 EPS forecast and price target by ~4%, and lift...
Listen
Sustainable Fund Flows, Themes in Focus & New Fund Launches from 2021-08-30T10:17
This week in the podcast, guest
host Sara Mahaffy, RBC’s ESG Strategist, runs through the team’s latest work on
sustainable fund flows, ESG themes in focus, and trends in new sustainable fu...
The Dog Days of Summer from 2021-08-24T15:11
This week in the podcast, we provide an end of summer
update on our earnings transcript review and the high frequency economic,
sentiment, and virus indicators that we track. We also offer ...
Back to the Future from 2021-08-16T02:15
In this week’s podcast, we take a closer look at the recent impact of the COVID backdrop on the US equity market. The three big things you need to know: (1) First, COVID has taken up more airtime o...
Listen
A Rock and a Hard Place, and The Good Stuff In Between from 2021-08-09T12:06
This week in the podcast we run
through our latest thoughts on positioning within the US equity market with an
eye on longer-term trends through 2022, which has been the focus of our
co...
The Four New Things We Learned In Week Three of 2Q21 Reporting Season from 2021-08-02T10:30
This week in the podcast
(1) Most of the major trends and themes for 2Q reporting season that we’ve been
highlighting over the past few weeks remained intact. (2) We learned four new,
i...
A Better Overall Tone, But Key Challenges Remain from 2021-07-26T10:25
This week in the podcast we take a
look at what we learned in the second full week of 2Q21 reporting season. Three
big things you need to know: First, the overall tone from management teams...
Financials Fumble, COVID Concerns Creep Back In from 2021-07-19T16:08
This week in the podcast, we take a
look at what we learned from week 1 of 2Q21 reporting season. The two big
things you need to know: (1) 2Q21 reporting season got off to a sour start, but...
2Q21 Earnings Preview from 2021-07-12T15:36
This week in the podcast, we
run through our thoughts on 2Q21 reporting season, which gets underway this
week. Three big things you need to know: (1) 2Q21 reporting season is off
to a ...
The Mood of the Market Is Fading Optimism from 2021-07-07T11:23
This week in the podcast, we run
through the results of our 2Q21 US equity investor survey, conducted June 22nd
– 29th. The respondents were mostly US focused and based portfolio managers.<...
A Potential Expiration Date from 2021-07-01T18:04
This week in the podcast, we
take a look at the historical playbook around Fed tapering and hiking, and what
it means for our US equity market outlook. We’ve moved into the flattening camp<...
The View From The Trenches Looks Pretty Good from 2021-06-23T19:04
This week in the podcast, we discuss the results
of our June survey of RBC’s equity analysts. The big things you need to know:
(1) Outlooks for performance over the next 6-12 months remain ...
What We Think The 10 Year Has Been Telling Us from 2021-06-20T08:15
This week in the podcast, we recap our thoughts on how we’d play defense in the very near-term, if short-term macro indicators like ISM are in the process of making a peak – something we think the ...
Listen
Top Stocks Aren’t Having a Good Year, But Long-Only Fund Managers Are from 2021-06-09T12:46
This week in the podcast, Lori takes a deep dive into the holdings of actively managed Large and Small Cap funds, based on their 1Q filings. Though the data lags, it usually provides important insi...
Listen
Early Mid-Year Check In from 2021-06-04T02:15
This week in the podcast, Lori does a slightly early, mid-year check in on her outlook for the US equity market. Three big things you need to know: First, we’re sticking with our market call and 43...
Listen
The Hot Dogs Are Cold from 2021-05-25T10:59
This week in the podcast, Lori discusses her takeaways from last week’s release of 1Q21 13fs for major hedge funds. The big thing you need to know: the most popular Large Cap stocks in hedge funds ...
Listen
Taking Tech’s Temperature from 2021-05-19T11:49
In this week’s podcast, Lori discusses why she believes the unwind in big Tech isn’t done yet. She cites five reasons: (1) positioning in Nasdaq futures hasn’t bottomed out; (2) valuations have imp...
Listen
A Little More Room from 2021-05-07T11:05
This week in the podcast, Lori discusses the latest changes to her SandP 500 forecasts. Earlier this week, we lifted our 2021 SandP 500 price target to 4,325, up from 4,100. We also raised our 202...
Listen
The Big Problem on the Earnings Front from 2021-04-30T11:05
This week in the podcast Lori discusses where we are in the earnings cycle, and what it means for stock prices going forward. The big thing you need to know: while 2021 SandP 500 EPS is tracking be...
Listen
ESG Flows Have Eased Recently, Valuation Opportunities in ESG Leaders&REITs ESG Momentum from 2021-04-22T14:57
This week in the podcast, guest host Sara Mahaffy, RBC’s ESG Strategist, runs through the team’s latest work on ESG fund flows, valuations, and ESG momentum. Following a strong surge in 2020, ES...
Listen
Early Thoughts On What Biden’s Tax Hikes Mean For Stocks from 2021-04-15T11:01
This week in the podcast, we run through our initial thoughts on Biden’s plans to raise corporate taxes. We think Trump’s tax cuts played an important role in fueling strong equity market return...
Listen
Dissecting The Slightly Less Optimistic Mood of the Market from 2021-04-08T11:54
In this edition, Lori reviews the results of her latest US equity investor survey. The big thing you need to know: The mood of the market is slightly less optimistic than our December survey. Sl...
Listen
Dollar Difficulties in the Distance from 2021-03-31T14:40
In this edition, Lori tackles the topic of the US Dollar, and what its recent strengthening means for the US equity market. The consensus view coming into 2021 was for the US Dollar to weaken, b...
Listen
The Key To The Great Debate On Value vs. Growth from 2021-03-26T13:58
In this edition, Lori gives her take on the Growth vs. Value debate that has become a key underpinning of positioning within the US equity market. She reiterates her pre...
Listen
The Bottom Up Outlook For Stocks Remains Positive from 2021-03-19T16:57
In this edition, we discuss the results of our March 2021 survey of RBC’s equity analysts, in which we asked them to quantify their outlooks for their industries on 6 issues – performance, cash dep...
Listen
Why We’re Intrigued With Mid Caps from 2021-03-12T15:17
In this edition, we discuss three reasons why we believe Mid Caps offer opportunity within the US equity market: (1) greater exposure to cyclicals than Tech/Internet/Media/Telecom, (2) plenty of ru...
Listen
Why We Like Small Caps Longer Term, But Are Staying Neutral On Them Near Term from 2020-08-14T14:23
In this edition, Lori discusses her thoughts on the outlook for Small Cap stocks in the US. Three big things you need to know: (1) Listen
What We’ve Learned So Far In 2Q20 Reporting Season from 2020-08-06T16:07
In this edition, Lori discusses her takeaways from 2Q20 earnings season so far. She and her team recently did a deep dive into the trends in beats rates, forward-looking re...
Listen
The Biden Playbook For US Equities from 2020-07-29T13:27
In this edition, Lori discusses her thoughts on the 2020 Presidential Election in the US, and specifically how investors should be positioned for a Biden win.&nb...
Listen
Defensive Backdrop To Earnings from 2020-07-14T13:29
In this edition, Lori discusses updates her thoughts on some of the more important daily and weekly indicators that she tracks. Four big things she’s learned over the last week: (1) The SandP 500 h...
Listen
Signs of Stress from 2020-07-01T14:22
In this edition, Lori discusses the latest developments in some of the more important daily and weekly indicators that she tracks. Two big things she’s learned over the last week: (1) beari...
Listen
Why US Equity Investors Are Getting More Bearish from 2020-06-26T12:00
In this edition, Lori discusses the results of her latest quarterly US equity investor survey, which was conducted June 15th – 22nd and included mostly institutional US focused equity investors. Th...
Listen
Economic Surprises & Lions – Oh My! from 2020-06-22T10:28
In this edition, Lori discusses two trends she’s keeping a close eye on right now. The first is the extent to which incoming economic data is positively surprising forecasters, something that’s bee...
Listen
Sizing Up Small Caps from 2020-06-12T15:59
In this edition, Lori discusses Small Caps, both her outlook for the Russell 2000 and performance trends in the top stocks of Small Cap portfolio managers. Tactically, she expects Small Caps to con...
Listen
Our Thoughts on the China-US Trade Relationship, Civil Unrest in the US, and Earnings from 2020-06-08T10:27
In this edition, Lori discusses the China trade war, the civil unrest in the US, and the outlook for SandP 500 earnings. The stock market has been more focused on the China trade war than the prote...
Listen
Our Deep Dive Into The Latest Hedge Fund Holdings from 2020-05-29T16:52
In this edition, Lori discusses her takeaways on the latest hedge fund filings. The most popular stocks in hedge funds have been outperforming throughout the first half of 2020. Hedge funds ended 1...
Listen
The Big Problems We See In The Stock Market Right Now from 2020-05-29T16:50
In this edition, Lori discusses her thoughts on the outlook for the SandP 500. She expects US equity markets to stay choppy in the months ahead and another drawdown. There’s no change to her year-e...
Listen
The Big Lessons of 1Q20 Reporting Season from 2020-05-29T16:49
In this edition, Lori discussed her thoughts on how 1Q20 reporting season for the SandP 500 is shaping up and the key lessons learned. 2021 EPS growth forecasts have continued to slip, but still se...
Listen
Lessons From Past Recoveries from 2020-05-29T16:45
In this edition, Lori reviews the narratives driving the late March/April rebound in the S&P 500, plus the historical playbook for past rebounds in the stock market coming out of recessions as ...
Listen
Lessons From Past Recoveries from 2020-05-29T16:45
In this edition, Lori reviews the narratives driving the late March/April rebound in the S&P 500, plus the historical playbook for past rebounds in the stock market coming out of recessions ...
Listen
Lessons From Past Recoveries from 2020-05-29T16:45
In this edition, Lori reviews the narratives driving the late March/April rebound in the SandP 500, plus the historical playbook for past rebounds in the stock market coming out of recessions as we...
Listen