Macro Minutes

Macro Minutes - RBC Capital Markets macro and market strategy series – explores the latest financial market and economic developments. Listen today to hear high conviction insights from RBC’s desk strategists and research analysts. You can also subscribe to an audio-only version on your personal mobile device through Apple Podcasts, Spotify, and other major podcast providers.


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Latest Episodes

December 6, 2022

 

22 min listen

Final Countdown

Participants: 
  • Jason Daw (Desk Strategy), Head of North America Rates Strategy
  • Simon Deeley (Desk Strategy), Canada Rates Strategist
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategist
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Elsa Lignos (Desk Strategy), Head of FX Strategy

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

November 22, 2022

 

23 min listen

It's Complicated

Participants: 
  • Jason Daw (Desk Strategy), Head of North America Rates Strategy
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Adam Cole (Desk Strategy), Chief Currency Strategist
  • Amy Wu Silverman (Desk Strategy), Head of Equity Derivatives Strategy

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

November 8, 2022

 

21 min listen

Where's Terminal?

Participants: 
  • Jason Daw (Desk Strategy), Head of North America Rates Strategy
  • Simon Deeley (Desk Strategy), Canada Rates Strategist
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Daria Parkhomenko (Desk Strategy), Head of FX Strategy
  • Lori Calvasina (Research), Head of U.S. Equity Strategy

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

October 25, 2022

 

19 min listen

Let's Get Restrictive

Participants: 
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Elsa Lignos (Desk Strategy), Head of FX Strategy
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Simon Deeley (Desk Strategy), Canada Rates Strategist
  • Michael Tran (Research), Global Energy Strategist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

October 11, 2022

 

15 min listen

A Gilt Edged Crisis

Participants: 
  • Jason Daw (Desk Strategy), Head of North America Rates Strategy
  • Blake Gwinn(Desk Strategy), Head of US Rates Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Daniel Rico (Desk Strategy), Latin America FX Strategist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

September 27, 2022

 

24 min listen

Fault Lines

Participants: 
  • Cathal Kennedy (Desk Strategy), UK Economist
  • Adam Cole (Desk Strategy), Chief Currency Strategist
  • Simon Deeley (Desk Strategy), Canada Rates Strategist
  • Jason Daw (Desk Strategy), Head of North America Rates Strategy
  • Lori Calvasina (Research), Head of U.S. Equity Strategy

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

September 13, 2022

 

24 min listen

Full Throttle

Participants: 
  • Jason Daw (Desk Strategy), Head of North America Rates Strategy
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Gordon Scott (Research), Australia Economics & Fixed Income
  • Adam Cole (Desk Strategy), Chief Currency Strategist
  • Adam Jones (Trading), Head of US Credit Algo Trading

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

August 30, 2022

 

24 min listen

The Bears are Back in Town

Participants: 
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Simon Deeley (Desk Strategy), Canada Rates Strategist
  • Elsa Lignos (Desk Strategy), Head of FX Strategy
  • Michael Tran (Research), Global Energy Strategist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

August 9, 2022

 

19 min listen

Yo-Yo Yields

Participants: 
  • Jason Daw (Desk Strategy), Head of North America Rates Strategy
  • Simon Deeley (Desk Strategy), Canada Rates Strategist
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Adam Cole (Desk Strategy), Chief Currency Strategist
  • Daria Parkhomenko (Desk Strategy), FX Strategist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

July 26, 2022

 

27 min listen

The Need For Speed

Participants: 
  • Tom Porcelli (Research), Chief US Economist
  • Blake Gwinn (Desk Startegy), Head of US Rates Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Jason Daw (Desk strategy), Head of North America Rates Strategy
  • Elsa Lignos (Desk Strategy), Head of FX Strategy
  • Lori Calvasina (Research), Head of U.S. Equity Strategy

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

July 12, 2022

 

24 min listen

Dog Days of Summer

Participants: 
  • Jason Daw (Desk strategy), Head of North America Rates Strategy
  • Blake Gwinn (Desk Startegy), Head of US Rates Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Adam Cole (Desk Strategy), Chief Currency Strategist
  • Adam Jones (Trading), Head of US Credit Algo Trading

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

June 28, 2022

 

26 min listen

Too Soon To Focus On Growth Risks?

Participants: 
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Simon Deeley (Desk Strategy), Canada Rates Strategy
  • Daniel Rico (Desk Strategy), Latin America FX Strategist
  • Lori Calvasina (Research), Head of U.S Equity Strategy
  • Tom Porcelli (Research), Chief US Economist
  • Michael Tran (Research), Global Energy Strategist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

June 14, 2022

 

28 min listen

Aggressive Tightening And Its Impacts

Participants: 
  • Simon Deeley (Desk Strategy), Canada Rates Strategy
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Amy Wu Silverman (Desk Strategy), Head of Equity Derivatives Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Elsa Lignos (Desk Strategy), Head of FX Strategy
  • Robert Thompson (Research), Macro Rates Strategist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

May 31, 2022

 

20 min listen

Abrupt Reversals – Can They Be Sustained?

Participants: 
  • Jason Daw (Desk Strategy), Head of North American Rates Strategy
  • Adam Cole (Desk Strategy), Chief Currency Strategist
  • Lori Calvasina (Research), Head of U.S. Equity Strategy
  • Adam Jones (Trading), Head of US Credit Algo Trading
  • George Davis (Desk Strategy), Chief Technical Strategist, FICC

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

May 17, 2022

 

28 min listen

Shifting Sands in Macro & Markets

Participants: 
  • Jason Daw (Desk Strategy), Head of North American Rates Strategy
  • Simon Deeley (Desk Strategy), Canada Rates Strategy
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Adam Cole (Desk Strategy), Chief Currency Strategist
  • Amy Wu Silverman (Desk Strategy), Head of Equity Derivatives Strategy
  • Michael Tran (Research), Global Energy Strategist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

May 3, 2022

 

25 min listen

Central Banks Strike Back

Participants: 
  • Jason Daw (Desk Strategy), Head of North American Rates Strategy
  • Tom Porcelli (Research), Chief US Economist
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Su-Lin Ong (Research), Chief AU Economist
  • Daria Parkhomenko (Trading), FX Strategist
  • Adam Cole (Trading), Head of US Credit Algo Trading

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

April 19, 2022

 

24 min listen

Curve Chaos: Bond, Equity, FX Implications

Participants: 
  • Jason Daw (Desk Strategy), Head of North American Rates Strategy
  • Tom Porcelli (Research), Chief US Economist
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Adam Cole (Desk Strategy), Chief Currency Strategist
  • Lori Calvasina (Research), Head of U.S. Equity Strategy
  • Amy Wu Silverman (Desk Strategy), Head of Equity Derivatives Strategy

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

April 5, 2022

 

36 min listen

Central Banks – The Road Ahead

Participants: 
  • Tom Porcelli (Research), Chief US Economist
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Elsa Lignos (Desk Strategy), Head of FX Strategy
  • Simon Deeley (Desk Strategy), Canada Rates Strategist
  • Jason Daw (Desk Strategy), Head of North American Rates Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Su-Lin Ong (Research), Chief AU Economist
  • Michael Tran (Research), Global Energy Strategist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

March 22, 2022

 

33 min listen

Up, Up and Away

Participants: 
  • Jason Daw (Desk Strategy), Head of North American Rates Strategy
  • Tom Porcelli (Research), Chief US Economist
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
  • Simon Deeley (Desk Strategy), Canada Rates Strategist
  • Adam Cole (Desk Strategy), Chief Currency Strategist
  • Robert Thomson (Desk Strategy), Macro Rates Strategist
  • Jason Mandel (Desk Strategy), Head of Leveraged Finance Desk Strategy

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

March 8, 2022

 

30 min listen

Russia-Ukraine Risk Premium

Participants: 
  • Jason Daw (Desk Strategy), Head of North American Rates Strategy
  • Helima Croft (Research), Head of Commodity Strategy & MENA Research
  • Peter Schaffrik (Research), Head of UK/European Rates & Economics
  • Elsa Lignos (Desk Strategy), Head of FX Strategy
  • Tom Porcelli (Research), Chief US Economist
  • Blake Gwinn (Desk Strategy), Head of US Rates Strategy
  • Simon Deeley (Desk Strategy), Canada Rates Strategist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts