The View From The Trenches Looks Pretty Good

By Lori Calvasina
Published June 23, 2021 | 6 min listen

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 constructive, driven by optimistic views on fundamentals and cash deployment. (2) The results a guide for the best ways to get exposure in three distinct parts of the US equity market - Financials & Energy within Cyclicals, Information Technology within Secular Growth, Health Care & Utilities within Classic Defense. (3) The survey helps to set the stage for what we expect to be an important earnings season, with roughly half of our analysts saying it is unclear to what extent inflationary impacts are baked in to company guidance and/or consensus estimates.

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Lori Calvasina

Lori Calvasina
Managing Director & Head of U.S. Equity Strategy, RBC Capital Markets


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