Sell America?
Markets don’t always move because the economy changes – sometimes they move because confidence does. This week, that loss of confidence showed up in a phrase many investors hadn’t heard in a while: “Sell America.” And it returned with a vengeance.
That shift in sentiment was triggered by a sharp rise in geopolitical tension after President Trump said that the US would take control of Greenland, a territory of NATO ally Denmark. When several European NATO members publicly pushed back and backed Denmark, Trump responded by threatening escalating tariffs on countries that opposed the move. The combination of political risk and trade retaliation quickly unsettled markets and pushed “Sell America” back into the spotlight.
So, what does “Sell America” actually mean? In simple terms, it describes a wave of investor caution toward US assets – stocks, bonds, and even the US dollar – driven by uncertainty around politics, policy, or global events. When this mindset takes hold, investors often sell multiple US assets at the same time, which is relatively uncommon and a sign that sentiment, rather than fundamentals, is driving the move.
The idea gained traction again in 2025 amid rising geopolitical tensions, tariff risks, and renewed concerns about policy stability. As investors stepped back from US assets, stock prices weakened, the American dollar softened, and US Treasury yields moved higher. If foreign demand for US Treasuries eases, bond prices fall and yields rise – pushing borrowing costs higher and reflecting a higher risk premium demanded by investors. Safe-haven assets like gold tended to benefit during this period.
A weaker American dollar can also follow. That makes imports more expensive for Americans but can help American exporters. Overall, it creates a short-term shake-up where markets react more to fear and uncertainty than to the day-to-day reality of the economy. The US economy itself isn’t immediately damaged by this kind of sentiment-driven selling – companies still operate and consumers keep spending – but if it persists, higher borrowing costs and weaker confidence could eventually slow investment or hiring.
For Canada, the effects are mixed. A softer American dollar often lifts the Canadian dollar, which is good for consumers but can be a headwind for exporters. Canadian markets can also feel the ripple effects, because when the US sneezes, Canada often catches a cold.
For everyday investors, the key takeaway is that “Sell America” is largely about short-term fear, not a sudden breakdown in economic fundamentals. These periods can bring more volatility and, at times, opportunity, but they’re rarely a reason to abandon long-term investment plans. It’s a useful reminder that markets can move just as much on sentiment as on economic data – even when the underlying story hasn’t really changed.
While headlines and sentiment drove much of the recent volatility, the week also delivered decent earnings reports and more economic data – factors that would normally be the main drivers of markets. With that context in mind, let’s take a look at how markets actually performed.
Items that may only interest or educate me ….
Canadian Economic news, US Economic news, ….
Canadian Economic news
This past week’s key economic data that the Bank of Canada (BoC) considers when deciding whether to raise or lower the interest rate.
Consumer Price Index (CPI)
Canada’s headline inflation rate for December 2025 came in slightly hotter than expected, rising to 2.4% year-over-year, up from 2.2% in November. A big reason for the increase was that prices were temporarily lower a year ago due to the GST holiday on select items, which made this year’s inflation rate look higher by comparison. On a month-to-month basis, inflation actually fell 0.2%, reversing November’s 0.1% increase and signalling some near-term cooling.
Looking a bit closer, food prices were the biggest upward driver, climbing 6.2% from a year ago, while gasoline prices fell sharply, down 13.8% year-over-year. Month-to-month, transportation costs rose 0.6%, even as gasoline prices dropped 7.1%. That decline in gas prices was the main reason inflation didn’t come in even higher. Shelter costs, which include rent and mortgage interest, declined 2.1% annually and edged down 0.1% on the month.
Despite the stronger headline number, the BoC’s preferred core inflation measures continued to show signs of cooling for a third straight month, suggesting the pace of price increases is beginning to slow. While core CPI edged up slightly to 2.5% year-over-year from 2.4% in November, monthly core inflation was flat after falling the month before, pointing to easing momentum rather than renewed inflation pressure.
Overall, inflation is still above the BoC’s 2% target on the surface, but the broader trend suggests price increases are losing steam beneath the headlines. Temporary tax effects helped push the December number higher, while the recent monthly data points to a gradual cooling in price growth. That combination supports the view that the BoC is likely to stay on hold for now.
Retail Sales
Statistics Canada reported that Canadian retail sales rose 1.3% in November 2025, rebounding from a 0.2% decline in October and coming in slightly ahead of expectations. On a year-over-year basis, sales were up 3.1%, a much stronger result than the roughly 2.0% annual gain economists were expecting.
The increase was broad-based, with sales rising in eight of nine subsectors. Food and beverage retailers led the way, posting a 3.0% month-over-month increase, while miscellaneous store retailers slipped 0.5%. Looking at the year-over-year picture, spending on clothing, accessories, shoes, jewellery, luggage, and leather goods jumped 10.7%, while motor vehicle and parts dealers saw sales fall 2.3% compared with a year ago.
Core retail sales, which exclude gasoline stations, fuel vendors, and auto dealers, rose a healthy 1.6% in November, reversing a 0.5% decline in October. On an annual basis, core sales were up a strong 6.3%, well above expectations and a sign that underlying consumer spending remained resilient heading into the end of the year.
The rebound in retail sales was encouraging and suggests consumer spending regained some footing heading into December. However, Statistics Canada’s advance estimate for December points to a potential 0.5% decline, which could mean that the momentum seen in November may not have carried through the holiday period.
Canadian Market Volatility
Canada’s VIXC, essentially the TSX’s own “fear gauge,” opened the week at 13.01 but quickly jumped above 15 as uncertainty grew around President Trump’s threat to impose tariffs on countries that opposed his goal of annexing Greenland. Those headlines raised concerns about a renewed trade conflict between the US and the European Union (EU). Even after Trump cancelled the tariff plans, the fear gauge continued to bounce around the 15 mark for the rest of the week before closing at 14.97.
Think of the VIXC as Canada’s market mood ring. Readings in the low-to-mid teens suggest cautious confidence — investors are alert and paying attention, but there’s no panic in the cabin.
US Economic news
This past week’s key data points that the Federal Reserve (Fed) considers when deciding whether to raise or lower the interest rate.
Gross Domestic Product (GDP)
The American economy delivered a stronger-than-expected performance in the third quarter of 2025. The Bureau of Economic Analysis (BEA) reported that GDP grew at a 4.4% annualized pace in its final estimate, well above the initial 3.3% reading and stronger than the 3.8% growth recorded in the second quarter. That marks the fastest pace of economic growth in roughly two years and slightly exceeded expectations, which had been closer to 4.3%.
The strength was driven primarily by consumer spending, which makes up roughly two-thirds of US economic activity and remained resilient throughout the quarter. Business investment, exports, and government spending also added to growth, while a decline in imports provided an additional boost to the headline GDP figure. Corporate profits were revised higher as well, reinforcing the picture of a healthy expansion.
Overall, the report shows the American economy was more resilient in mid-2025 than many had predicted. Despite ongoing geopolitical tensions and lingering inflation concerns, households and businesses continued to spend, helping keep economic momentum intact. It’s a reminder that headline risks don’t always translate into immediate economic weakness.
For us investors, this kind of growth keeps the focus on earnings and economic fundamentals rather than a sharp slowdown. A stronger-than-expected economy supports corporate revenue and profits, but it also complicates the interest-rate outlook by reinforcing the idea that the Fed may not need to rush into aggressive rate cuts.
Personal Consumption Expenditures (PCE)
The BEA reported that PCE inflation rose 0.2% in both October and November. On a year-over-year basis, headline PCE increased from 2.7% in October to 2.8% in November. Core PCE, which strips out food and energy, followed the same pattern – rising 0.2% month-to-month in both months and ticking up from 2.7% to 2.8% year over year. In other words, inflation edged higher but remained well contained.
PCE is the inflation gauge the Fed watches the closest. Sitting around 2.8% – still above the central bank’s 2% target – suggests price pressures remain persistent rather than falling quickly back to target. That persistence showed up even as consumer spending stayed solid, rising roughly 0.5% month over month as households continued to spend.
Because inflation stayed elevated but didn’t accelerate meaningfully, the report largely met expectations. It shows inflation hasn’t reignited, but it also hasn’t cooled enough to give the Fed much urgency to cut rates. Many analysts and investors see this kind of reading as reinforcing the idea that interest rates are likely to remain on hold in the near term, rather than moving lower quickly.
Consumer Sentiment Index (CSI)
The University of Michigan’s CSI showed a modest improvement in January, climbing to a final reading of 56.4 from 52.9 in December and beating expectations. That marked the highest level in about five months and the second straight monthly increase. Even with that improvement, sentiment is still well below where it stood a year ago, down 21.3% from January 2025, when the index was at 71.7.
Looking under the hood, the Current Economic Conditions index, which reflects how consumers feel about their jobs, income, and day-to-day finances, climbed to 55.4 from 50.4 in December. While that month-to-month improvement is encouraging, the index is still down 26.2% from a year ago, highlighting ongoing pressure from high prices and tighter household budgets. The Expectations Index, which captures how consumers view the next six months, rose to 57.0 from 54.6 in December but remains about 18.0% below last year’s level.
Improvements were seen broadly across age groups, income brackets, and political affiliations. Overall, the report points to cautious optimism, with consumers feeling a bit better about what lies ahead, even as confidence in current conditions is still subdued.
American Market Volatility
The CBOE Volatility Index (VIX), often called the market’s “fear gauge,” opened the shortened week at 19.66. Geopolitical tensions tied to Greenland and new US tariff threats against European countries opposing the US’s desire to takeover Greenland quickly rattled markets, pushing the VIX above 20 and marking its highest level since November 24, 2025.
Once President Trump backed off those tariff threats and signalled progress toward a potential agreement, volatility faded just as quickly. The VIX drifted down toward the 15.50 level before settling at 16.09 by week’s end, well below where it started and firmly out of elevated stress territory.
Think of the VIX as the market’s pulse. After a short-lived spike, it settled into a steadier rhythm by the end of the week. Investors aren’t completely carefree, but the calmer reading suggests growing comfort as inflation continues to cool and interest rates appear to be moving closer to a turning point.
Weekly Market and Portfolio Review
For the week, the TSX (SPTSX) edged up 0.3%, the S&P 500 (SPX) fell 0.4%, the DJIA (INDU) dropped 0.5% and the Nasdaq (CCMP) dipped 0.1%.
| Index | Weekly Streak |
| TSX: | 3 – week winning streak |
| S&P: | 2 – week losing streak |
| DJIA: | 2 – week losing streak |
| Nasdaq: | 2 – week losing streak |
The week got off to a rough start, and the major indexes – the Toronto Stock Exchange Composite Index (TSX), the S&P 500 (S&P), the Dow Jones Industrial Average (DJIA), and the Nasdaq Composite (Nasdaq) – spent much of the week trying to climb out of a hole dug early in the week. While the TSX managed to recover and finish higher, the three major US indexes were not as fortunate, each posting a second straight weekly loss. What many expected to be a strong week quickly turned into a reminder of how fast investor sentiment can shift.
Heading into the week, many investors, me included, were expecting a strong week in US markets as fourth-quarter earnings season kicked off. Few expected geopolitics to dominate the narrative. That changed when President Trump unsettled markets with renewed threats of tariffs on countries that opposed his stated plan to take control of Greenland.
Those threats triggered a sharp sell-off on Tuesday, marking the worst single-day decline for each major US index since October 10, 2025. Unlike that earlier pullback, which was driven by fading rate-cut expectations, profit-taking after strong gains, and lingering trade-related risks, this week’s drop was almost entirely headline-driven. Investors were forced to quickly reassess political risk and the potential economic impact of new tariffs, sparking a broad pullback and a brief move away from riskier assets.
The tone shifted mid-week once the tariff threats were pulled back and a framework for an agreement was announced. Concerns about a broader trade conflict eased, investors grew more comfortable taking on risk again, and all three US indexes staged a solid rebound.
Economic data helped support the recovery. A stronger-than-expected GDP report and inflation data that came in elevated but largely in line with expectations reinforced the view that the US economy is still resilient. As geopolitical concerns faded, markets refocused on fundamentals, allowing the indexes to recover much, but not all, of their early-week losses.
In Canada, the week began on a positive note, with the TSX closing at a record high before being pulled lower by the same trade-related fears that rattled US markets. Once those tariff threats were walked back, sentiment improved quickly. Rising commodity prices helped drive the rebound, with gold posting its best week since 2020 as it surged past US$4,900 per ounce, while silver broke through US$100 per ounce for the first time.
Overall, Canadian markets weathered the headline-driven volatility well. Strength in commodity and energy stocks, and steady economic signals helped the TSX finish the week the same way it started, at a record high.
Looking ahead, volatility may not be behind us just yet. A packed earnings calendar featuring some of the largest technology companies, including four of the Magnificent 7, along with interest rate decisions by the BoC and the Fed, could keep investors on edge. And, as this week reminded investors, a single headline can still move markets in a hurry. 😊
| Portfolio | Weekly Streak |
| Portfolio 1: | 2 – week losing streak |
| Portfolio 2: | 1 – week winning streak |
| Portfolio 3: | 2 – week losing streak |
The broader markets weren’t the only things pushed around by this past week’s geopolitical headlines. As the chart below shows, Portfolios 1 and 3 had the toughest weeks, largely due to their outsized exposure to Nvidia (NASD: NVDA), which finished the week slightly lower and acted as a drag on both portfolios.
Portfolio 1 declined 1.2% for the week, even though 53% of its holdings posted gains. Strength from the energy companies and Cameco (TSE: CCO), which reached a new record high, helped cushion the downside. That said, with its largest holding ending the week lower and Shopify (TSE: SHOP) falling 11%, the negatives ultimately outweighed the positives.
Portfolio 2 was the top performer and the only portfolio to finish the week in positive territory, edging up 0.1%. Once again, energy companies did much of the heavy lifting, and 53% of the holdings posted weekly gains. Its largest position, the Bank of Nova Scotia (TSE: BNS), also ended higher, helping keep the portfolio steady during a volatile week.
Portfolio 3, unfortunately, had a rough go of it, falling 3.2%. Its two largest holdings, Nvidia and Shopify, have grown to now make up roughly 52% of the portfolio, and both moved lower on the week, with Shopify’s 11% drop doing the most damage. With only 36% of the holdings posting gains, there was very little to offset the weakness. Sigh. 😅
Once again, over-concentration in one or two companies came back to bite me. As I’ve said before, it’s great when both post weekly gains, but not so great when they both decline, as they did this week. Those losses offset gains across much of Portfolio 1 and really weighed on Portfolio 3. ☹ A good reminder to lessen the concentration, especially in Portfolio 3.
Barring any weekend social media surprises, I’m hoping some strong quarterly reports next week, especially from the technology heavyweights, can push the markets toward new highs and provide some tailwinds for the portfolios as well. Then again, that’s exactly what I was expecting last week too. 😊
Companies on the Radar
After a busy couple of weeks of comings and goings on my radar, this past week was a bit quieter, with one company leaving the list and one new opportunity catching my attention.
Leaving the list was Rocket Lab (NASD: RKLB), an aerospace company that has since found a home in Portfolio 3 (see write-up in the Portfolio Update section, below).
For the past six months or so, I’ve been hesitant to invest in gold, despite its strong rally. Gold sits outside my circle of competence, and I don’t know enough about the metal or the mining industry to feel comfortable picking individual companies.
Still, with ongoing economic and geopolitical uncertainty unlikely to fade anytime soon, the appeal of gold as a safe-haven asset is hard to ignore. I initially tried to identify a few quality gold miners, but it quickly became clear that rising share prices across the sector were being driven more by geopolitical uncertainty and demand for gold than by anything specific individual companies were doing.
Given my limited knowledge of gold mining industry and the difficulty in separating company skill from broader economic forces, I decided an ETF was the best approach, specifically the iShares S&P/TSX Global Gold Index ETF (TSE: XGD).
An ETF, or exchange-traded fund, holds a collection of investments and trades on the stock exchange like a regular stock. Buying one provides exposure to many companies at once, rather than relying on a single business.
XGD is a Canadian-listed ETF that provides exposure to a basket of large, established gold mining companies that operate around the world. Its performance is influenced by both the price of gold and how well these companies manage costs, production, and growth. For me, it adds diversification – not just within one portfolio, but across the gold industry – something that can be especially valuable during periods of inflation concerns, economic or geopolitical uncertainty, and market stress.
With market volatility elevated at the start of the week, XGD initially surged higher, but as markets calmed, I decided to add it to Portfolio 1 (see write-up in the Portfolio Update section, below).
With the subtraction of Rocket Lab and XGD quickly moving from the radar into Portfolio 1, my radar list is down to seven companies.
- GE Aerospace (NYSE: GE): This is the large American aviation and defence business that remained after General Electric split into three separate companies in 2024. It has been on a strong run thanks to high demand for commercial jet engines as global air travel continues to recover. The company focuses on aircraft propulsion systems and services for both commercial and military customers, and it’s also moving into drones. As a global leader in jet engines and aircraft systems, GE Aerospace offers exposure to long-term trends in travel, defence spending, and emerging aviation technology.
- Xylem Inc. (NYSE: XYL): This is a large American company that develops water technology focused on moving, treating, and managing water. Its products and services are used by utilities, industrial customers, and municipalities for everything from clean drinking water and wastewater treatment to flood control and leak detection. With aging water infrastructure and more frequent climate challenges like droughts and flooding, demand for Xylem’s solutions remains strong. The business offers exposure to long-term, essential infrastructure spending tied to water scarcity, sustainability, and smarter cities.
- Napco Security Technologies, Inc. (NASD: NSSC): A small US company that provides security hardware and systems like smart locks, intrusion alarms, fire alarms, and access control solutions. It sells through a network of distributors and installers, and has been increasing its recurring service revenue – something investors usually like to see. As demand for security and smart home products grows, Napco has multiple avenues for expansion.
- Broadcom (NASD: AVGO): A large cap American company that sells semiconductors and software globally. It designs critical chips used in data centres, networking equipment, and broadband infrastructure, playing a behind-the-scenes role in cloud computing and AI. Broadcom also owns a growing enterprise software business following its acquisition of VMware, giving it exposure to both hardware and software spending tied to artificial intelligence (AI) and cloud growth.
- Dutch Bros Inc. (NYSE: BROS): A rapidly expanding drive-thru coffee chain in the US, known for its energetic customer service and customizable drinks. The company is aiming to open at least 160 new locations by the end of 2025 and has long-term goals of surpassing 2,000 stores. Strong brand loyalty, especially in the Western US, makes this an interesting high-growth story – though still in an aggressive build-out phase.
- Lumentum Holdings (NASD: LITE): A large cap US-based optical technology company that makes key components used to move data at extremely high speeds across cloud and data-centre networks. Products like electro-absorption modulated lasers (EMLs) are seeing rising demand as AI workloads require faster and more efficient connections between servers. As large cloud providers continue ramping up AI infrastructure spending, Lumentum has emerged as a key beneficiary of this next wave of data and connectivity growth.
- Bloom Energy (NYSE: BE): A large cap American company but approaches the AI trend from a different angle. Rather than supplying chips or networking gear, it provides clean, on-site power through fuel-cell systems designed for customers that need reliable electricity and can’t afford outages. As AI drives rapid growth in data-centre capacity – and with it, soaring energy demand – interest in resilient, lower-emission power solutions has increased. Bloom offers exposure to the rising power needs created by AI alongside broader trends in energy reliability and decarbonization.
As always, these are not buy recommendations. Make sure to do your own research and choose investments that fit your personal financial goals.
The Radar Check was last updated January 23, 2026.
Portfolio Update
Portfolio 1
Sold: TD Investment Savings Account TDB8150 (TSE: TDB8150) Back in June 2024, I parked some cash in a TD Investment Savings mutual fund (TDB8150) to take advantage of the roughly 4.5% dividend it was offering at the time. I wasn’t sure where best to invest the money, and leaving it sitting idle in my investment account meant it was effectively losing purchasing power to inflation. At that point, the BoC’s policy rate was 4.75%, and outside of AI-related stocks, markets were fairly sluggish.
Fast forward about 18 months and the picture looks very different. The benchmark interest rate has fallen to 2.25%, and the fund’s yield has dropped to around 1.8%. At the same time, my radar list has filled up with several quality investment opportunities, along with chances to add to existing positions.
Given that shift, I decided to sell the mutual fund and redeploy the cash into areas where I feel it has a better chance to work harder for me over the long run, such as….
Bought: iShares S&P/TSX Global Gold Index ETF (TSE: XGD) With the cash from the sale of the TD Investment Savings Account fund, I immediately put that money back to work in iShares S&P/TSX Global Gold Index ETF. Gold has been on a strong run since the start of 2025, driven by elevated economic and geopolitical uncertainty. I wanted to add exposure to this area of the market, and because gold often behaves differently than both technology stocks and traditional operating businesses, it also increases diversification within the portfolio. XGD provides that exposure through a single, diversified investment in the global gold mining industry. Rather than owning one gold company and taking on all the company-specific risks that come with it, the ETF holds a basket of large, established gold miners from around the world. In simple terms, it’s a way to gain broad exposure to gold stocks without having to pick winners in a complex and unfamiliar industry. For me, choosing XGD was fairly straightforward – it was one of the stronger-performing Canadian gold ETFs in 2025 and offered a simple, easy way to gain broad exposure to the sector.
What makes gold stocks stand out is the role they often play during periods of uncertainty. Gold mining companies tend to benefit when demand for gold rises, particularly during times of geopolitical stress, inflation concerns, or market volatility. While XGD doesn’t track the price of gold directly, its performance is influenced by both gold prices and how well the underlying companies manage costs, production, and capital spending. That combination allows gold equities to behave differently than the broader markets, adding a useful layer of diversification.
Another advantage of using an ETF like XGD is simplicity. Mining is a capital-intensive business with a lot of moving parts, and results are often driven more by what’s happening in the economy overall than by any single company’s execution. By owning a diversified group of global miners, XGD reduces the impact of operational issues at any one company while still allowing investors to participate in overall trends in gold demand. For someone like me, without expertise in the mining sector, this approach feels far more appropriate than trying to analyze individual producers.
That said, gold mining stocks are still volatile and can swing more than the price of gold itself. Rising costs, operational challenges, or a pullback in gold prices can all pressure returns. This is not a steady, predictable cash-flow investment, and XGD doesn’t generate meaningful income, making it more about diversification and potential upside than yield.
For Portfolio 1, XGD is about capturing exposure to gold while improving diversification. It adds a sector that often moves differently than growth-oriented equities and can provide some protection during periods of market stress. This investment offers a straightforward way to gain broad exposure to the gold mining industry and round out the portfolio with something that doesn’t move in lockstep with the rest of the market.
Portfolio 3
Bought: Rocket Lab USA (NASD: RKLB): After adding two defensive, income-generating stocks – Canada Packers (TSE: CPKR) and Rockpoint Gas Storage (TSE: RGSI) – to help diversify the portfolio, I wanted to shift back on offence and add a growth-oriented business. After listening to Rocket Lab’s third-quarter earnings call, it felt like a strong fit for that role.
Rocket Lab provides exposure to the growing commercial space industry while adding a business that looks very different from both the technology and the more traditional companies already in the portfolio. It’s a US-based aerospace company that designs and launches rockets for small and medium-sized satellites, helping governments and private companies get payloads into orbit more quickly and efficiently. In simple terms, it’s one of the few companies making space more accessible for missions that don’t require massive rockets.
What really stands out is that Rocket Lab is no longer just a launch company. While its Electron rocket has carved out a niche in dedicated small-satellite launches, the business has steadily expanded into space systems, including satellite components, spacecraft, and mission services. This diversification within the company reduces reliance on launch schedules alone, which can be lumpy from quarter to quarter, and over time could lead to more recurring revenue as customers rely on Rocket Lab across multiple stages of their missions.
Growth is another key part of the story. Demand for satellites continues to rise as communications networks, Earth observation, and defence applications expand, and as more nations look to establish a presence in space. Rocket Lab is positioning itself to benefit from this trend, particularly if its larger Neutron rocket comes online as planned, with greater payload capacity allowing it to serve bigger missions and compete in a much larger market. While Neutron is still in development, it represents a meaningful step up in scale if execution goes well.
Another factor that adds some comfort is that Rocket Lab is founder-led. The company was founded and is still run by CEO Peter Beck, an engineer who built the business from the ground up. In a technically complex industry like space, having a founder with deep product knowledge at the helm supports long-term thinking and better alignment with shareholders, especially as the company works through ambitious projects like its larger, reusable Neutron rocket.
That said, Rocket Lab is still an early-stage company, and with that comes risk. The business isn’t yet consistently profitable, competition in space launch is intense, and execution will matter. Delays, cost overruns, or shifts in customer demand could all impact results. This is not a steady, predictable cash-flow business like an infrastructure asset.
Rocket Lab adds exposure to a sector that’s still in its early innings and brings a different kind of growth potential, helping diversify the technology-heavy portfolio while offering plenty of long-term opportunity in commercial space – and some lift-off potential for the portfolio. 😊
That said, the timing could have been better, as the company did experience a minor setback after my purchase when a Stage 1 tank ruptured during a hydrostatic pressure trial – a reminder that development in this industry is rarely a straight line.
That’s a wrap for this week, thanks for reading – may your portfolio stay green and your dividends steady. See you next time!