Macroscope is our monthly chart book in which we update our thoughts on the US equity market outlook from both a top-down and bottom-up perspective. We review six DRIVERs of performance for a number of dimensions – the S&P 500, stocks vs. bonds, US vs. non-US, Growth vs. Value, S&P 500 sectors, Russell 1000 industries and factors, and Small Cap.

The bigger reason geopolitical risks are affecting markets. With the clock ticking on a diplomatic solution, RBC Wealth Management’s Global Portfolio Advisory Committee discusses how the crux of the current geopolitical tensions goes far beyond Russia and Ukraine.

All of our U.S. leading indicators—including a new one—are giving a greenlight to the economic expansion and to equity markets.

The long-term investment landscape: Where to from here.