Dear Reader, The summer of uncertainty continues. Everything that was up yesterday is down, yet today everything that was down is back up. Oil prices have been jumping since early July as the summer war with Iran continues, but then it will end soon. This week, oil prices broke USD$100.00/bbl, stoking inflationary fears. Globally, bond yields are rising, and the higher rates have supported the U.S. dollar (USD). The “September Effect”, where markets tend to perform poorly dur

Global markets have lurched through the summer with thin volumes and continuing investor confusion over inflation, interest rates, oil prices, Middle East conflict, and some degree of AI burnout, but have mostly turned positive since the beginning of August. AI-related stocks have come to dominate many of the indices, and the concerns about this “bubble” bursting and its potential impact on the global economic system are spreading. The TSX has continued to make new highs thro

The summer of uncertainty continues. Another peace agreement with Iran has failed, and hostilities continue to inject worries into global markets. Oil prices surged as a result, and concerns about renewed inflation increased. Stocks related to artificial intelligence (AI) have been under pressure due to their very high prices and increasing concerns that AI implementation might not produce the productivity gains expected or the promised profit levels. Some pundits are calling