Insights

As expected, the Federal Reserve raised interest rates by 25 basis points this week, bringing the federal funds rate to 3.75%–4.00%. But the rate increase itself wasn’t the most important part of the meeting. What mattered much more was what the Fed said about what comes next.

It’s been an interesting shortened week. We had three straight down days, followed by a pretty good bounce today (as of 8 a.m.) after the latest U.S. inflation numbers came in largely as expected.

I recently returned from a short summer vacation in Japan, eight days with the family where I try to unplug. As I usually do, I downloaded about a week’s worth of research before the flight home and spent much of the eight-hour trip catching up on what I had missed.

There is a problem with viewing Canada as having little leverage in a trade dispute with the United States: the economic relationship between our two countries is far more complicated—and far more important to both countries—than their relative economic size might suggest.

Markets are back near all-time highs, which naturally makes people nervous. But I actually think the market looks healthier today than it did a month or two ago.

One of the biggest investing stories this summer wasn't found on the front page—in fact, it barely received a mention in the traditional media. It was about someone who may have been right—but still lost.

On July 3rd, I published my Mid-Year Market Review, including what I called my "Bold Predictions” as they are contrarian to the market consensus.

Many investors entered the year heavily concentrated in the Magnificent Seven (Apple, Microsoft, NVIDIA, Amazon, Alphabet Meta, Tesla) but so far, these stocks have significantly underperformed the other 493 companies in the S&P 500. For anyone with a diversified portfolio like we do, this has actually been a positive development.

Mark Ting sits down with Vancouver realtor Matt Scalena to break down the current state of the local real estate market, from the condo glut and slowing sales volume to where the opportunities lie for buyers and sellers heading into the second half of 2026.

Markets are on track to finish higher despite a week of dramatic headlines and sharp swings. In this week's update, we discuss why strong employment data sparked volatility, how we used market pullbacks to selectively add value, and why the upcoming wave of IPOs may be contributing to recent turbulence. Plus, our thoughts on the highly anticipated SpaceX IPO—and why we're likely staying on the sidelines.