The Mood of the Market Is Fading Optimism

By Lori Calvasina
Published July 7, 2021 | 6 min listen

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. All were institutional investors. The big things you need to know: Overall, US equity investors remained optimistic, though optimism did fade a bit relative to our late March survey. Cash deployment and economic outlooks are strong, though valuations, margins, inflation, COVID variants, the Fed, and Washington policy are all weighing on sentiment. Interest in reflation trades is also fading.



Lori Calvasina

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


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