This year marks Milken Institute’s 21st Global Conference, where leaders in business, government, technology, philanthropy, academia, and media come together and examine some of the world’s biggest challenges to find solutions collaboratively. These challenges, which encompass politics, demographic trends, and disruptive technologies have all been identified as key drivers of a world in transition.
RBC Capital Markets is proud to sponsor Milken Institute’s Global Conference 2018. This year, Dave McKay (President and CEO of RBC) and Helima Croft (Head of Commodity Strategy at RBC Capital Markets) each took part in panel discussions and shared their views on the ongoing NAFTA negotiations and the outlook of the energy market.
Dave McKay on NAFTA Negotiations
At the Global Conference, Dave McKay sat down with FOX Business to discuss his views on the ongoing NAFTA negotiations and how these uncertainties are causing investors to hold back. Dave further explained that these types of agreements cannot be rushed and stressed the importance of getting the clauses right, including rules of origin and dispute mechanisms particularly for the auto and energy industries.
See Dave McKay’s interview with FOX Business for a more in depth discussion of his outlook on the NAFTA negotiations and its significance for member states and the global trade balance. He also touched on RBC’s growth globally and the expansion of our US operations.
Helima Croft on Oil Price Vulnerability
To complement her panel discussion at the Milken Conference on the year ahead for oil, gas and renewables, Helima Croft published a commentary on the energy market. In this piece, she describes the oil market as tightening significantly due to the effectiveness of OPEC in draining bloated global inventories as well as the healthy demand outlook. She further explains that geopolitically driven supply disruptions will now have a much more outsized influence, and price spikes can no longer be dismissed as things of the past.
Read Helima’s full commentary, where she expresses her outlook on the oil market and delves deeper into the geopolitical risks that have impacted the supply of some of world’s largest producer states.