Will RBC say “Recession”?

RBC said “Recession” 1 time on its Aug 27, 2026 call (FY26 Q3), and on 4 of its last 8 calls: 0, 0, 4, 1, 0, 1, 0, 1 times. As of Oct 24, 2026, RBC said “Recession” on 1 of 3 calls with a settled Kalshi mention market since Dec 3, 2025 (33%), most recently on Feb 26, 2026. Parrot’s p for the next listing is 45% (n=3, from settlement history blended with transcripts), not a forecast.

45%from settlement history blended with transcripts · n=3counts: company speakers + operator
Last 10
1/3Last 10 settled, oldest to newest: no yes no
Streak
not said last time
Counts
company speakers + operator
Updated

Where it was said

quotes of at most 25 words; select an appearance

RBC

Recession

Probability
45% · n=3
Settled
1/3 (33%)
Last calls
said in 4 of 8

Next listing counts: company speakers + operator

FY26 Q3 earnings call, Aug 27, 2026 · said 1 time (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

1 counted (1 in prepared remarks, 0 in Q&A).

Graeme HepworthcompanypreparedIn transcript

…downside scenarios, including our trade disruption scenario, which contemplates a North American recession driven by an escalating global trade war and rising geopolitical risks. Turning…

FY26 Q2 earnings call, May 28, 2026 · not said

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FY26 Q1 earnings call, Feb 26, 2026 · said 1 time (counts)

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Counts: company speakers + operator

1 counted (1 in prepared remarks, 0 in Q&A).

Graeme HepworthcompanypreparedIn transcript

…all exports but also reflects the potential for a severe North American recession driven by escalating global trade wars. When certain trade conditions have widened…

FY25 Q4 earnings call, Dec 3, 2025 · not said

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FY25 Q3 earnings call, Aug 27, 2025 · said 1 time (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

1 counted (1 in prepared remarks, 0 in Q&A).

Graeme HepworthcompanypreparedIn transcript

…a new trade-related scenario, reflecting the potential for a severe North American recession driven by an escalating global trade war and rising geopolitical risks. Given…

FY25 Q2 earnings call, May 29, 2025 · said 4 times (counts)

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FY25 Q1 earnings call, Feb 27, 2025 · not said

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FY24 Q4 earnings call, Dec 4, 2024 · not said

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Every settled listing

newest first · 3 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
May 28, 2026RecessionKalshiNo0
Feb 26, 2026RecessionKalshiYes1
Dec 3, 2025RecessionKalshiNo0

Questions

How many times did RBC say “Recession” on its last earnings call?
RBC said “Recession” 1 time on its Aug 27, 2026 call (FY26 Q3), and on 4 of its last 8 calls: 0, 0, 4, 1, 0, 1, 0, 1 times.
How often does RBC say “Recession”?
As of Oct 24, 2026, RBC said “Recession” on 1 of 3 calls with a settled Kalshi mention market since Dec 3, 2025 (33%), most recently on Feb 26, 2026.
What is the probability RBC says “Recession” next time?
45%, from settlement history blended with transcripts (n=3). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “RBC: ‘Recession’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/RY/words/recession (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=rbc&word=recession · quotes: /api/v1/quotes?entity=rbc&word=… · columnar JSON in #parrot-data · llms.txt · MCP