In this video, Dan Chornous, Chief Investment Officer, RBC Global Asset Management Inc., discusses the improving global economy with easing inflation and reduced recession risks, leading to central banks cutting rates to support growth. The U.S. bond market has experienced volatility, but the outlook for fixed income is cautiously optimistic. Equities, particularly U.S. mega-caps, performed well in 2024, and the future of the equity market depends on earnings growth across various sectors. He also highlights the importance of a tactical asset mix strategy and acknowledges geopolitical risks and policy impacts from the second Trump administration as potential threats to economic stability.