Market Minutes, March 2026
Oil prices are rising again as geopolitical tensions escalate in the Middle East. But why are markets staying surprisingly calm? In this Market Minutes update, we break down the potential impact on inflation, interest rates, and global markets.
Market Minutes, February 2026
Markets started 2026 strong — but cracks are beginning to show. From AI infrastructure spending and tech volatility to shifting sector leadership and central bank uncertainty, investors are navigating a rapidly changing landscape.
Market Minutes, February 2026
Markets have started the year on a high note, with both equities and credit securities delivering positive returns. Impressive fourth-quarter earnings, potentially lower interest rates in the United States, abundant liquidity, capital parked in money market funds—investors have focused their attention here, overlooking geopolitical flashpoints for the time being. The notably absent response highlights an […]
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What’s going on right now? What may be around the corner? What’s hot? What’s not? And what actions are we taking because of it?
2026 Market Outlook: Clues from 2025 & Key Stories to Watch
“Informed by the past, engaged with the present, and looking towards the future.” – Anonymous Markets delivered impressive returns in 2025, but the journey was anything but smooth. AI breakthroughs, shifting tariff policy, and evolving central bank strategies shaped a year that rewarded discipline and patience alike. This recap is designed as a pre‑event primer […]
Market Minutes, December 2025
Compared to where they began the month, many global stock markets showed little change as November drew to a close. This perceived indifference has papered over pronounced day-to-day volatility, as equities fell in the first half only to regain lost ground in the second. The circumstances unveil investor priorities and serve as a sound lesson […]
Market Minutes, November 2025
Fuelled by interest rate reductions, a strong start to the third quarter earnings season, and sustained enthusiasm for AI-related investments, global markets trended positively throughout October. Naturally, these positive forces have been well-received. What was less expected was the muted reaction toward the longest U.S. government shutdown in history. Although the circumstances have made official […]
Market Minutes, November 2025
In this month’s market commentary, we break down the major economic developments shaping Canadian, U.S., and global markets.
Quarterly Insights, Third Quarter 2025
Join our founder and chief investment officer for an in-depth analysis of Q3 2025 market developments and what’s ahead for investors in 2026. We cover Federal Reserve policy, the AI technology boom, gold’s record run, and critical challenges facing the Canadian economy.
Market Minutes, September 2025
September rewarded investors with another exceptional month of equity returns. Many of the world’s leading stock indices climbed by roughly 5% despite what is historically a weak month of the year—a sound reminder that seasonal patterns shouldn’t be the basis for investment decisions. North America’s two largest economies found relief through interest rate reductions, which […]
Canadian Federal Budget 2025 Economic & Market Analysis
“The global uncertainty we are facing demands bold action to secure Canada’s future. Budget 2025 is an investment budget.” — François-Philippe Champagne, Minister of Finance and National Revenue Quick Summary The Carney government has passed its first official budget under subpar conditions. Finding itself in the middle of a trade dispute hampering economic growth, the […]
Market Minutes, August 2025
Markets remained resilient in August 2025 despite economic slowdown concerns, inflation pressures, and rising government debt.
Market Minutes, July 2025
July brought another month of strong gains for global stock markets — and Canadian investors reaped extra rewards thanks to a strong US dollar. But behind the euphoria, warning signs are building: record-high tariffs, slowing job creation, and rising inflation.
Quarterly Insights, Second Quarter 2025
In times of extreme market volatility and tariff concerns, we wanted to provide you with an insider’s perspective. Join us for an inside look at the conversations and strategies shaping our daily investment decisions.
Market Minutes, December 2025
November looked calm on the surface—but major tech stocks told a very different story. In this month’s market update, we break down the volatility inside the Magnificent Seven, why the Nasdaq dropped nearly 8%, and whether today’s AI boom resembles the dot-com bubble or if the fundamentals make this time different.
Market Minutes, May 2025
In this market update, we unpack one of the strongest Mays in market history, explore the impact of U.S. trade tensions under President Trump, and explain why short sellers and the “TACO trade” contributed to the recent rally.
Market Minutes, April 2025
April was a rollercoaster month for investors. In this market update, we break down: Why staying calm through daily volatility is crucialThe impact of U.S. trade policy shifts and a weakening U.S. dollarHow global markets and the Canadian dollar outperformed the U.S.What rising interest rate pressures and political shifts in Canada mean for your portfolio
Quarterly Insights, First Quarter 2025
In times of extreme market volatility and tariff concerns, we wanted to provide you with an insider’s perspective. Join us for an inside look at the conversations and strategies shaping our daily investment decisions.
How Dividend Growth Mitigates the Risks of Market Concentration
“Market risk is like taking a plunge into a cool pool… a lot of people are finding out right now what their risk tolerance is.” – William J. Bernstein
What’s Holding Back Canada’s Stock Market?
“Canada has a productivity issue and it has a competitiveness issue.” — Brian Porter
More Chips, Please! Semiconductors, Decoupling, and Deglobalization
“No product is more central to international trade than semiconductors.” – Chris Miller
Ukraine-Russia War: Strategies to protect your portfolio
Russia’s invasion of Ukraine has heightened volatility in stocks, bonds, commodities and currencies. While it’s important for investors to assess the economic impact and potential for future disruptions, it’s also critical to assess the situation from a rational and long-term perspective, no matter how hard it may seem today. In this blog, we’ll walk you […]
COVID-19: Market insights and actions
A message to valued clients and readers, on behalf of President and CEO, Bob Sewell, and the rest of the Bellwether Investment Management team.