Tom Porcelli, Chief US Economist at RBC Capital Markets, spoke to CNN on the recent selloff and his forecast on the US economy and inflation rates.
Additional Market Analysis
In this special report from RBC Wealth Management, we look at why volatility has come back with a vengeance. While the market’s swoon was jarring, it is believed investors should maintain equity positions, as healthy economic and earnings growth prospects provide solid underpinnings for equities. But episodes like this tend to take time to play out. Pullbacks can morph into corrections and volatility can shift back and forth for a number of months.
Read the report to learn more about the reasons behind the recent market declines in the US and get a glimpse into our outlook for equities investing.
