3Q25 RBC Analyst Outlook Survey Results

The big things you need to know:

• First, across all industries and regions, our analysts are constructive on performance over the next 6-12 months.
• Second, at the global sector level our analysts have the most positive performance outlooks for REITs, Materials and Financials.
• Third, our analysts were slightly less optimistic on forward performance for Europe/UK than other regions.
• Fourth, our analysts generally had mixed views of the policy backdrop.
• Fifth, when we look at some of our macro indicators, Canada has been the bright spot in terms of performance YTD and over the past month.