RBC's Wealth Management's Carrier Is Market Weight in U.S. Equities

The video discusses Apple's earnings, highlighting the decline in iPhone revenue and the focus on services. It examines market performance, noting lower beat ratios and adjusted GDP forecasts. The discussion shifts to recession indicators, emphasizing the yield curve and economic cycle. Finally, it explores investment strategies, considering US-China trade tensions and market valuations.

What is the main focus of Apple's strategy according to the earnings report?

• Expanding their services business

• Increasing iPhone sales

• Entering the Chinese market

• Reducing production costs

What is the expected earnings growth for the full year?

• 5%

• 10%

• 7.5%

• 2.5%

What is the current forecast for U.S. GDP growth?

• 2.25%

• 2.5%

• 3.0%

• 1.5%

Which economic indicator is closely monitored for signs of a recession?

• Consumer spending

• Inflation rate

• Unemployment rate

• Yield curve

What factors contribute to the high bar for moving to overweight in U.S. equities?

• Strong consumer confidence

• U.S.-China trade tensions

• Low interest rates

• High inflation