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The Download with David Richardson

RBC Global Asset Management (RBC GAM)
Artificial Intelligence
Inflation
Investment Strategies
Tariffs
Interest Rates
RBC Global Asset Management
Emerging Markets
Federal Reserve
Canada
Canadian Economy
Stock Market
European Equities
Economic Growth
Fixed Income
Market Volatility
Bank Of Canada
Bond Market
United States
Earnings Growth
NVIDIA

Join RBC Global Asset Management's experts in candid conversations about their teams, strategies and insights on current economic and investment trends. RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives

PublishesTwice weeklyEpisodes288Founded8 years ago
Number of ListenersCategories
InvestingBusiness

Listen to this Podcast

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Latest Episodes

Stu Kedwell breaks down how to balance quality and momentum in a market shaped by sharp rotations, AI spending shifts, and signals from U.S. bank earnings.  (Recorded: July 20, 2026)

To view the transcript and disclosure for this podcast, please vis... more

Scott Lysakowski joins us for a mid-year review of Canadian markets and what's ahead. We explore why gold stocks corrected despite still-high prices, how energy companies remain profitable even as oil settles and what's driving bank stocks. Scott exp... more

Sarah Riopelle joins Dave to share her mid-year outlook on stocks, bonds, and the Iran war's impact on markets. She makes a clear case for diversification and explains recent activity within the portfolios.  (Recorded: July 14, 2026)

To view the tra... more

Chief Economist Eric Lascelles joins us to interpret confusing employment data from the U.S. labour market. We dig into why hospitality jobs dropped during the World Cup, how tech companies are cutting workers while data centres boom, and what this a... more

Key Facts

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Recent Guests

Stu Kedwell
Global Chief Investment Officer
RBC Global Asset Management
Episode: Building smart portfolios in a changing world
Sarah Neilson
Co-head of North American Equities at RBC Global Asset Management
RBC Global Asset Management
Episode: Energy, opportunity, and the power of active management
Steve Pitts
Vice President and Portfolio Strategist for Fixed Income
RBC Global Asset Management
Episode: Fixed income strategy 2026: bond market outlook and yield opportunities
Dan Chornous
Chief Investment Officer at RBC Global Asset Management
RBC Global Asset Management
Episode: Best of 2025: retirement planning for every stage
Laurence Bensafi
Expert in emerging markets
RBC Global Asset Management
Episode: A turning point for emerging markets?
Siguo Chen
Expert on Chinese equity markets and investment analyst
RBC
Episode: Chinese equities: navigating growth and uncertainty
Jennifer Schillaci
Managing Director and Head of Real Estate Equity Investing
RBC Global Asset Management
Episode: Real estate investing: trends and opportunities
Polina Kurdyavko
Managing Director, Senior Portfolio Manager and Head of Emerging Markets at Blue Bay Fixed Income
RBC Global Asset Management UK Limited
Episode: Exploring growth in emerging markets
Eric Savoie
Economist and speaker known for insights on financial markets and macroeconomic trends.
RBC Global Asset Management
Episode: Spotting signs of growth in a complex market

Hosts

Dave Richardson
Host of The Download with a focus on markets, macroeconomics, and investment strategy
Stu Kedwell
Global Chief Investment Officer, RBC Global Asset Management; frequent guest sharing market outlook and investment process

Reviews

4.7 out of 5 stars from 207 ratings
  • Audio quality improvement needed

    I really enjoy the podcast, but the audio quality is very poor relative to your average podcast. Would be great if RBC could invest in some new mic’s.

    Apple Podcasts
    3
    Invest12345
    Canada10 months ago
  • Love the content.

    Love the content and the guest’s perspective.

    Would enjoy listening to more alternative investments options particularly with infrastructure and private credit and real estate

    Any chance to make the content like 30 to 45 mins in length?

    M.

    Apple Podcasts
    5
    Ada/Aubrey
    Canada2 years ago
  • Great content but

    LOVE the content. Thank you for uploading. But pls do something about the audio quality.

    Apple Podcasts
    4
    KaiLarry
    Canada3 years ago
  • Great podcast

    Hope RBC continues to produce more content

    Apple Podcasts
    5
    derkavich
    Canada3 years ago
  • RBC

    Jong

    Apple Podcasts
    5
    Return rey
    Canada3 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Audiences appreciate practical, discipline-focused investing guidance and real-world portfolio tips.
Guests are consistently senior finance professionals from RBC GAM, with strong macro and market analysis.
Audio quality has been noted as an area for improvement by listeners.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#116
Canada/Business/Investing
Apple Podcasts
#193
Canada/Business

Talking Points

Recent interactions between the hosts and their guests.

Goals and yields: how geopolitics and productivity are reshaping bonds
Q: How does AI spending influence inflation and productivity in the medium term?
The guests explained that substantial corporate AI spending could be inflationary in the near term due to capex needs and supply constraints, but over the longer term it may be disinflationary if productivity boosts reduce unit costs and raise potential growth, potentially leading to a higher neutral rate as the economy runs hotter.
Goals and yields: how geopolitics and productivity are reshaping bonds
Q: What were Andrzej's thoughts on the debut of the new Fed chair and the market reaction?
Andrzej described the chair as mildly hawkish and credible in fighting inflation, noting that the hawkish stance was not as extreme as some investors feared, which helped stabilize expectations for policy direction.
Navigating oil shocks and volatility
Q: What should investors do in light of this volatility?
Advise dollar-cost averaging, maintain diversification (bonds as insurance against stocks), and stick to a long-term financial plan to weather near-term volatility while positioning to benefit later.
Navigating oil shocks and volatility
Q: How long does this shock last and what are the scenarios for energy prices and growth?
He outlines a range of outcomes from a few weeks to a couple of months of higher prices, with possible easing if deals are reached; structural factors like inelastic demand and supply mean prices could stay elevated longer without triggering a full-blown recession.
Navigating oil shocks and volatility
Q: What's concerning you the most and what are you spending your time thinking about as you put together your macro memo?
He stresses that while geopolitical events typically cause a mild, short-lived reaction, this episode is on the larger end, potentially affecting energy prices and inflation more persistently, which could influence central bank policy and consumer spending in the near term.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
Location
Interests
Professions
Age Range
Household Income
Social Media Reach

Frequently Asked Questions About The Download

What is The Download about and what kind of topics does it cover?

A series of candid conversations with RBC Global Asset Management's investment leaders and economists, focusing on portfolio construction, long-term investing, and how technology—especially AI—changes decision making. Episodes explore macro outlooks, energy and inflation dynamics, geopolitical risks, and practical frameworks for advisors and investors to stay disciplined through volatility. Notable strengths include a consistent emphasis on blended human + AI approaches, a clear focus on Canadian and North American markets, and hands-on guidance for building resilient portfolios across cycles.

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How many subscribers and views does The Download have?

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Which podcasts are similar to The Download?

These podcasts share a similar audience with The Download:

1. The Canadian Investor
2. In the Money with Amber Kanwar
3. The Wealthy Barber Podcast
4. Build Wealth Canada Podcast
5. The Loonie Hour

How many episodes of The Download are there?

The Download launched 8 years ago and published 288 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Download?

Recent guests on The Download include:

1. Stu Kedwell
2. Sarah Neilson
3. Steve Pitts
4. Dan Chornous
5. Laurence Bensafi
6. Siguo Chen
7. Jennifer Schillaci
8. Polina Kurdyavko

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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