Economic relief legislation, the roll-out of an effective Covid-19 vaccine and possible long-term strategies to combat climate change were all on the table during a virtual conversation between City National Bank and RBC Wealth Management-U.S. Chairman Russell Goldsmith and two experts who know about the challenges that await President-elect Joe Biden when he is sworn into office on Jan. 20, 2021.
Placing partisan politics aside, Goldsmith led an analysis of what the country could expect from a likely divided Congress and the Biden administration next year, including possible tax and estate planning strategies to deal with the changes that could occur under the president-elect.
The video highlights key insights from:
In making sense of competing realities during an uneven economic recovery and what is likely to be a difficult winter, Goldsmith, Furman and Holthouse cover what Americans should anticipate in the new year from the economy and the financial markets.
The opinions expressed in this presentation are solely the personal views of the speakers and do not represent the views and opinions of City National Bank.
In this election season and always, City National Bank remains committed to delivering objective, nonpartisan market analysis and investment guidance, with the goal of helping our clients make informed financial decisions.
If you would like to keep up-to-date with the latest market news, innovation and shifting markets during the pandemic, consider signing up for City National Bank's newsletters here. Delivered weekly, straight to your inbox.
This presentation is for general information and education only. It is provided as a courtesy to the clients and friends of City National Bank (City National). City National does not warrant that it is accurate or complete. Opinions expressed and estimates or projections given are those of the speakers or persons quoted as of the original date of the presentation with no obligation to update or notify of inaccuracy or change. This presentation (or any portion thereof) may not be reproduced, distributed or further published by any person without the written consent of City National. Please cite source when quoting.
City National, its managed affiliates and subsidiaries, as a matter of policy, do not give tax, accounting, regulatory or legal advice. Rules in the areas of law, tax and accounting are subject to change and open to varying interpretations. You should consult with your other advisors on the tax, accounting and legal implications of actions you may take based on any strategies presented, taking into account your own particular circumstances. In addition, this presentation is not to be construed as an offer, or solicitation of an offer, to buy or sell any financial instrument. It should not be relied upon as specific investment advice directed to the viewer’s specific investment objectives. Any financial instrument discussed in this presentation may not be suitable for the viewer. Each viewer must make his or her own investment decision, using an independent advisor if prudent, based on his or her own investment objective and financial situation. City National (and its clients or associated persons) may, at times, engage in transactions in a manner inconsistent with this presentation and, with respect to particular securities and financial instruments discussed, may buy from or sell to clients or others on a principal basis. Past performance is not necessarily an indication of future results.