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The Download with David Richardson
RBC Global Asset Management (RBC GAM)
278 episodes
2 days ago
Join RBC Global Asset Management's experts in candid conversations about their teams, strategies and insights on current economic and investment trends.
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Investing
Business
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All content for The Download with David Richardson is the property of RBC Global Asset Management (RBC GAM) and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Join RBC Global Asset Management's experts in candid conversations about their teams, strategies and insights on current economic and investment trends.
Show more...
Investing
Business
Episodes (20/278)
The Download with David Richardson
Best of 2025: retirement planning for every stage

Dan Chornous outlines strategies for balancing growth and protection before and during retirement, including managing equity portfolios, diversifying with quality stocks, and determining the right asset mix.  (Recorded: January 2, 2026)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/best-of-2025-retirement-planning-for-every-stage/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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20 hours ago
43 minutes 52 seconds

The Download with David Richardson
2025 in review: strategic lessons for tomorrow’s markets

Stu Kedwell reflects on 2025 in markets as a volatile yet reasonable year, emphasizing discipline and a balanced perspective in navigating uncertainty. Stu also explores the role of active managers in steering through market shifts, and highlights scenario analysis as essential for anticipating outcomes and mitigating risks. (Recorded: December 23, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/2025-in-review-strategic-lessons-for-tomorrows-markets/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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1 week ago
25 minutes 38 seconds

The Download with David Richardson
Economic whirlwind: job markets, inflation, and policy shifts

Eric Lascelles shares his thoughts on a flurry of economic developments, including U.S. job numbers, inflation trends and central bank rate cuts. Eric also discusses his outlook for both the Canadian and U.S. economies in 2026. (Recorded: December 18, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/economic-whirlwind-job-markets-inflation-and-policy-shifts/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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2 weeks ago
29 minutes 14 seconds

The Download with David Richardson
Global economy 2026: tariffs, tech, and tailwinds?

Eric Lascelles discusses Canada’s unexpected job growth and a decline in unemployment despite conflicting signals about labour force participation and broader economic health. Eric also examines AI’s dual role in enhancing productivity and disrupting employment, and shares a positive economic outlook for 2026.  (Recorded: December 15, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/global-economy-2026-tariffs-tech-and-tailwinds/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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2 weeks ago
26 minutes 25 seconds

The Download with David Richardson
Unlocking Canada's 2026 growth drivers and market opportunities

Stu Kedwell discusses the resilience of Canadian bank earnings, driven by stable credit provisions, improving net interest margins and strong performance in capital markets and wealth management. Stu also identifies key forces that could boost Canada’s economic growth in 2026, including large-scale infrastructure projects, strategic trade agreements, and renewed capital expenditure in the energy sector.  (Recorded: December 11, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/unlocking-canadas-2026-growth-drivers-and-market-opportunities/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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3 weeks ago
24 minutes 52 seconds

The Download with David Richardson
Decoding 2026 predictions for tech, healthcare and AI

Marcello Montanari and Rob Cavallo discuss key trends shaping the 2026 outlook, including rising AI skepticism, Google’s AI resurgence through innovations like Gemini 3.0. They highlight healthcare’s role as a defensive hedge against AI-driven market volatility, and express long-term optimism for the tech sector, citing growing demand for capacity and infrastructure buildouts.  (Recorded: December 10, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/decoding-2026-predictions-for-tech-healthcare-and-ai/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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3 weeks ago
25 minutes 59 seconds

The Download with David Richardson
A turning point for emerging markets?

Laurence Bensafi, Managing Director and Portfolio Manager, Deputy Head of Emerging Market Equities, RBC Global Asset Management Limited, discusses key factors driving emerging markets’ shift from underperformance to outperformance. Laurence also highlights growth opportunities in Taiwan, South Korea, China, Mexico, and India, and emphasizes diversification, due diligence, and on-the-ground research to navigate risks and identify high-quality investments.  (Recorded: December 8, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/a-turning-point-for-emerging-markets/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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3 weeks ago
31 minutes 1 second

The Download with David Richardson
Unpacking Canada’s market resilience

Scott Lysakowski discusses the positive performance of the TSX/S&P Index despite global uncertainties, including the impact of AI and surging gold prices. He explores the unique composition of the Canadian equity market, highlighting the strength of financials and the resilience of energy stocks despite weak oil prices. (Recorded: November 24, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/unpacking-canadas-market-resilience/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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1 month ago
39 minutes 44 seconds

The Download with David Richardson
What factors are fueling recent market volatility?

Stu Kedwell discusses his recent appointment to Global Chief Investment Officer and the legacy of current CIO Dan Chornous. He also breaks down the three critical factors fueling the recent uptick in market volatility: evolving interest rate expectations, weaker-than-expected U.S. consumer data, and the surge in capital investment for data centres,  particularly as tech giants begin borrowing to fund their expansion.  (Recorded: November 24, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/what-factors-are-fueling-recent-market-volatility/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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1 month ago
29 minutes 11 seconds

The Download with David Richardson
Chinese equities: navigating growth and uncertainty

Siguo Chen, Portfolio Manager, Asian Equities, RBC Global Asset Management Limited, analyzes evolving U.S.-China trade tensions and their market impact. Siguo also explores China's economic landscape, addressing deflationary pressures and highlights opportunities for Canadian investors seeking diversification in Asian markets.  (Recorded: November 7, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/chinese-equities-navigating-growth-and-uncertainty/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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1 month ago
44 minutes 48 seconds

The Download with David Richardson
AI economics and the future of growth

Stu Kedwell explores recent AI-driven enthusiasm in markets and its potential impact on future economic growth. Stu also discusses mixed earnings reports from big tech companies, and the bond market’s reactions to interest rate cuts.  (Recorded: October 30, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/ai-economics-and-the-future-of-growth/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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2 months ago
26 minutes 43 seconds

The Download with David Richardson
Building resilient portfolios for long-term results

Sarah Riopelle discusses the current investment landscape, noting strong performance of both stocks and bonds, while cautioning about valuation risks in the U.S. and Canadian equity markets. Sarah also emphasizes the importance of making regular, small adjustments to portfolios, rather than large sweeping changes in response to a changing economic environment.  (Recorded: October 23, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/building-resilient-portfolios-for-long-term-results/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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2 months ago
26 minutes 25 seconds

The Download with David Richardson
Do European equities deserve a place in your diversified portfolio?

David Lambert, Managing Director & Senior Portfolio Manager and Head of European Equities at RBC Global Asset Management Limited, discusses the strong performance of European equities this year, particularly in Canadian-dollar terms. He highlights Europe's relative valuation advantage over the U.S., anticipated earnings growth, and the potential for a narrower earnings differential between the two regions. He also touches on the UK's economic outlook and the impact of currency fluctuations on investments.  (Recorded: October 17, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/do-european-equities-deserve-a-place-in-your-diversified-portfolio/detail/?disclaimer=true.

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2 months ago
23 minutes 16 seconds

The Download with David Richardson
A deep dive into earnings season

Stu Kedwell discusses the current market landscape including the S&P 500 earnings outlook, data centre economics, and the performance of U.S. banks. He also delves into AI's transformative potential, as well as the importance of diversification when navigating volatile markets.  (Recorded: October 16, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/a-deep-dive-into-earnings-season/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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2 months ago
30 minutes 23 seconds

The Download with David Richardson
Behind the shutdown: economic and market implications

Eric Lascelles discusses the potential impacts of the U.S. government shutdown on the economy, as well as market reactions.  He also looks at how increasing dysfunction and polarization within the U.S. government could impact Canadian investors in the long term.  (Recorded: October 9, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/behind-the-shutdown-economic-and-market-implications/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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2 months ago
13 minutes 6 seconds

The Download with David Richardson
Managing market optimism while mitigating risks

Stu Kedwell discusses the recent surge in investor enthusiasm in markets and the important role of analyst insights in such an environment. He also highlights the value of understanding market behaviours and leveraging professional expertise to navigate market cycles.  (Recorded: October 3, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/managing-market-optimism-while-mitigating-risks/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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3 months ago
22 minutes 14 seconds

The Download with David Richardson
Real estate investing: trends and opportunities

Jennifer Schillaci explores trends in real estate, including post-pandemic shifts in commercial properties, the impact of return-to-office mandates in cities like Toronto, and the evolving future of Canadian retailers. She also shares insights on the outlook for the asset class and the role of real estate equity investments as a valuable portfolio diversifier.  (Recorded: October 1, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/real-estate-investing-trends-and-opportunities/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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3 months ago
36 minutes 17 seconds

The Download with David Richardson
Diversifying portfolios in the age of AI

Stu Kedwell examines current market trends, noting how AI-related growth is fueling enthusiasm and highlighting opportunities to diversify into traditional sectors like financials and metals. He also discusses his "water on stone" approach, and the importance of balancing high-growth excitement with long-term investments in stable, well-managed businesses.    (Recorded: September 26, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/diversifying-portfolios-in-the-age-of-ai/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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3 months ago
28 minutes 28 seconds

The Download with David Richardson
Exploring the evolving AI landscape and its impact on investment strategies

David Tron shares insights from his recent trip to San Francisco, where he met with leaders of major technology companies and venture capitalists to discuss the transformative potential of AI across industries. He delves into real-world AI applications, the defensive spending strategies of tech giants, and the ripple effects on sectors like advertising, software, and industrials.  (Recorded: September 22, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/exploring-the-evolving-ai-landscape-and-its-impact-on-investment-strategies/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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3 months ago
29 minutes 31 seconds

The Download with David Richardson
Exploring growth in emerging markets

Polina Kurdyavko, Managing Director, Senior Portfolio Manager & Head of Emerging Markets, BlueBay Fixed Income, RBC Global Asset Management Limited, shares her cautious approach to investing in emerging markets, highlighting the importance of prudent fiscal policies, low leverage, and high yields with reduced volatility. She also discusses the value of global diversification in fixed income portfolios and explores opportunities for Canadian investors in regions like Latin America and Asia.  (Recorded: September 18, 2025)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/exploring-growth-in-emerging-markets/detail/?disclaimer=true.

RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested

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3 months ago
28 minutes 13 seconds

The Download with David Richardson
Join RBC Global Asset Management's experts in candid conversations about their teams, strategies and insights on current economic and investment trends.