According to a new report from Royal Bank of Canada (TSX:RY)(NYSE:RY), Canadian utility, telecom, and real estate stocks will face mounting headwinds under a Trump Presidency. Their report, titled “The Corner of Bay and Trump,” highlights how higher U.S. fiscal spending combined with tax cuts is likely to lead to higher U.S. inflation rates. Why would higher U.S. inflation rates be a threat to the Canadian economy? The loonie is set...
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