The 10-Minute Take
Episodes
Alberta's slow and protracted recovery
14 May 2020
Contributed by Lukas
"Double-whammy" might be an understatement for what's happening with Alberta's economy. The twin shocks of oil prices and COVID-19 resulted in job los...
Positive signs for British Columbia's recovery
14 May 2020
Contributed by Lukas
While B.C.'s forecasted GDP decline of 5% for 2020 is the worst ever in the province, it's better relative to more than -7% across Canada. That's enco...
Can business stimulus hasten the "swoosh" recovery?
13 May 2020
Contributed by Lukas
Hopes for a V-shaped recovery – a short, sharp collapse followed by a bounce-back to pre-crisis activity – have been replaced by expectations of a...
What a market recovery can look like
11 May 2020
Contributed by Lukas
The U.S. equities market has rebounded upwards of 30% from its low in March, driven by plenty of good news and investor optimism. But the road ahead i...
China's economic recovery still a long way off, despite official reports
08 May 2020
Contributed by Lukas
China has touted economic re-opening as the central government's triumph over the COVID-19 virus. But though firms are back to work and factories are ...
What we can learn from Australia’s approach to the crisis
04 May 2020
Contributed by Lukas
Australia is flattening the curve of COVID-19 and moving to reopen its economy—slowly. Thanks to a focus on testing and tracing, authorities are gai...
May Day for commercial retail real estate
01 May 2020
Contributed by Lukas
Commercial rent relief programs could not come soon enough. Small businesses, including retailers, struggling to make rent during the crisis months ha...
How oil producers can help resolve their own crisis
29 Apr 2020
Contributed by Lukas
North American producers have struggled to match the historic collapse in demand. One option is “shut and swap” – an idea that would see governm...
Why the world’s biggest banks are relatively stable in this crisis – so far
27 Apr 2020
Contributed by Lukas
The big U.S. banks have set aside massive loan loss provisions as they prepare for the worst of the COVID crisis. European banks begin to report earni...
Why ESG is outperforming the market
22 Apr 2020
Contributed by Lukas
On the 50th anniversary of Earth Day, sustainability may seem like the last thing on a troubled market’s mind. And yet, through the crisis, ESG-focu...
What the collapse of crude prices means for the oil market
21 Apr 2020
Contributed by Lukas
For the first time, the price of West Texas Intermediate on futures markets plunged into negative territory. It’s the market sending oil producers a...
How COVID-19 is affecting investment strategies
18 Apr 2020
Contributed by Lukas
The global pandemic has roiled financial markets and changed the game for investors. For the past several weeks, investors have been tested on multipl...
Quiet resilience in Canada's housing markets
16 Apr 2020
Contributed by Lukas
Wednesday saw the release of startling economic numbers, particularly Canada's GDP down 9% for March. That's not the only figure in decline - national...
How Big Tech is using a downturn to its advantage
14 Apr 2020
Contributed by Lukas
Amazon’s stock surged this week, hitting a new all-time high on Tuesday. The latest spark: Online shopping for basics like groceries is so intense t...
A downturn like no other
09 Apr 2020
Contributed by Lukas
This may be the darkest quarter on record for the Canadian economy. Our consumer-driven economy could make a rebuild even tougher, as we all tend to o...
How Donald Trump's Fed became the world's central bank
09 Apr 2020
Contributed by Lukas
Global markets have rarely seen the volatility they endured in March, but in recent days a degree of calm has returned. One big reason is the Fed's qu...
A COVID cure? Watch for wishful thinking
07 Apr 2020
Contributed by Lukas
The race is on for vaccines and treatments for COVID-19. Brian Abrahams, RBC’s Co-Head of Biotechnology Research, has some hope based on what he’s...
Health crisis, yes; debt crisis, no
04 Apr 2020
Contributed by Lukas
The explosion of fiscal spending plans in recent weeks will lead to more public debt than many thought imaginable just a few weeks ago. The U.S. gover...
The Eurozone’s next crisis
02 Apr 2020
Contributed by Lukas
Good news, the rate of growth of new COVID-19 cases in Europe appears to be slowing. Bad news, the economic cost is just beginning to hit home. With a...
"Market bottoms take time to form"
31 Mar 2020
Contributed by Lukas
The past week saw four big up days for equities, and that tells Lori Calvasina that we haven’t seen enough capitulation to signal a new bull run. Sh...
Canada’s two-fisted punch
28 Mar 2020
Contributed by Lukas
Canada struck back with a two-fisted punch to send monetary and fiscal confidence to the economy. The Bank of Canada not only cut rates; it embraced q...
King dollar steps back
27 Mar 2020
Contributed by Lukas
While stocks have been surging, the US dollar has been on a week-long slide. The correction comes after an extraordinary run-up in the dollar in early...
Can Trump bring peace to the oil war?
26 Mar 2020
Contributed by Lukas
Donald Trump is using every diplomatic tool to stop the oil war unleashed by Russia and Saudi Arabia, betting that neither can sustain themselves for ...
This is the Backfill
25 Mar 2020
Contributed by Lukas
Washington seems to finally have bipartisan agreement for a $2-trillion stimulus package. Tom Porcelli, RBC Capital Markets Chief U.S. Economist, says...
Have Markets Found a Bottom?
24 Mar 2020
Contributed by Lukas
After one month of declines, 10,000 points off the Dow and a lot of “announcement indigestion,” RBC’s Chief Economist Craig Wright says markets ...