Accelerating the development of the electric vehicle (EV) public charging network is key to reducing hesitancy around electric cars and driving widespread adoption of EVs. We explore the budding EV charging ecosystem and the industries looking to tap into the growth potential of this nascent market.

Our most reliable leading indicator of U.S. recession is threatening to go negative. Through the end of last week, the 1-year Treasury yield was below the 10-year yield, but the spread had narrowed, which prompted us to change this indicator to yellow from green. This week, the 1-year yield has moved above the longer-term yield; on July 13 the curve inverted by 27 basis points.

We examine the main sticking points for the U.S. and other major economies, including inflation, and what it all means for the outlook for equities.

RBC Global Asset Management chief economist Eric Lascelles discusses the factors behind surging inflation, and the economy’s prospects from here.