While March ended as one of the toughest months in years, April delivered a strong rebound. All four major indexes recovered sharply, erasing losses and posting one of their best monthly performances since the pandemic rebound in 2020.
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Weekly Update for the week ending April 24, 2026
How Valuation Is Calculated (In Simple Terms)
Valuation can sound complicated, but at its core it comes down to a simple idea: how much are you paying for what a business produces? This week, I break down two of the most common tools investors use – P/E and P/FCF – and show how they help put a price on a company’s earnings and cash flow.
Weekly Update for the week ending March 13, 2026
If the Conflict Stays Short, These Sectors Could Move Most
Last week [link to Mar 6] I looked at the recent US and Israeli strikes on Iran from an investor’s perspective. The situation is still evolving, but one of the key questions for markets is how long the conflict might last. If the fighting remains relatively short – perhaps four to five weeks – history suggests the economic impact would likely be uneven rather than universally negative.
Geopolitical shocks tend to push markets into a brief “risk-off” phase where investors shift away from more cyclical or economically sensitive sectors and toward industries that benefit directly from higher energy prices or global uncertainty. The result is often a temporary reshuffling of winners and losers across sectors rather than a lasting change to the overall economic outlook. This week, I’ll discuss how a four-to-five week conflict could impact three of the key sectors that move the markets in Canada, as well as three that drive the US market.
Weekly Update for the week ending February 20, 2026
AI Disrupters
For the past few years, anything connected to artificial intelligence (AI) felt unstoppable. Investors poured money into AI-related companies, pushing valuations higher as excitement around the technology grew. There were concerns about the massive capital expenditures required to build AI infrastructure, but the dominant narrative was simple: invest now, dominate later.
This year, that tailwind has started to feel more like a headwind. Investors shifted from asking, “Who benefits from AI?” to “When will companies start seeing a return on all that investment?” – and now, “Who gets disrupted by it?” That change in mindset helped trigger the recent meltdowns.
A Brief History of the North American Stock Exchanges
As I mentioned in my November 28, 2025 Weekly Update [link to Nov 28 update], I recently came across a stock I assumed was listed on Canada’s largest and most senior stock market, the Toronto Stock Exchange (TSE), only to discover it was actually trading on its junior counterpart, the TSX Venture Exchange. That small mix-up sent me down a rabbit hole into how Canada’s exchanges are structured and how they came to be.
Weekly Update for the week ending January 9, 2026
2026 Says “Hello”
Welcome to 2026 – and to the first Weekly Update of the year. A new year always brings a fresh sense of optimism for us investors, and after the bull market of the past couple of years, the hope is that the bull still has plenty of life in it. As always, there will be noise along the way, but the backdrop heading into 2026 gives investors a few reasons to stay cautiously optimistic.