Table of Contents:
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Love & Money
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Petrov Commentary
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RRSP Contribution reminder: Deadline March 2nd, 2026
February is often framed around love, but when it comes to money, love shows up in subtle ways.
A will and legacy planning are essential parts of protecting the life you’ve built for your loved ones. They ensure your wishes are clear and your assets are preserved and passed on in a tax efficient way rather than left to chance or default rules.
As your family’s wealth grows, new complexities arise. The Petrov Wealth Management Group serves as a family office to help solve even the most complex problems. This can range from tax to asset allocation, to financial literacy education for the next generation and family wealth governance.
Petrov Commentary
I will help distinguish what’s moving markets from the noise of daily headlines. There are clear, identifiable forces at work and understanding them helps us stay disciplined and focused on long-term wealth building.
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Tech Stocks are under pressure
Major tech names have been under pressure with software and AI-linked firms experiencing sharp moves as sentiment shifts. This reflects real re-evaluation of earnings prospects and capital expenditure. I have mentioned in past newsletters that the market has become increasingly concentrated in just a few names (The magnificent 7) and this presents a real risk. These tech names make up a significant weight of the S&P 500 and they explain much of the index’s recent returns. We may be seeing a rotation to a more “broad market” and we are positioned to benefit from it. I have maintained that while we want to own these names, I prefer to limit exposure to reasonable levels to control risk. Active risk management usually feels like you’re missing out when stocks are flying high, but it is rewarded on the downside.
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Central Banks are signaling caution
Last week both the European Central Bank (ECB) and the Bank of England (BoE) kept interest rates unchanged, but for different reasons. The ECB cited easing inflation and resilient growth while the BoE is watching labor market weakness despite inflation trending lower. That divergence is causing markets to react. Investors trade on future expected rates, not current ones. When Central Banks signal caution, risk assets (like equities) become more sensitive to economy data and company earnings.
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Inflation is still a core market driver
Even though headline inflation has cooled from the peaks of the past few years, the path and composition of inflation changed. When inflation expectations shift even modestly, it changes investor forecasts for future rate cuts, corporate profit margins, consumer spending, sector rotation and so on. This is why markets can swing meaningfully even with subtle changes to trajectory or breadth of inflation.
Notice I didn’t bring up your most beloved US President? Most of the headlines around political rhetoric can be treated as noise. As an investor, you cannot allow emotionally charged narratives as the basis for investment decisions. If anything, short-term volatility can create exciting buying opportunities.
Share this with a friend or a loved one and please reach out if you, or they have any questions.
As always, my eyes are on the road and my hands are on the steering wheel.
Market Snapshot
FactSet: 02/06/2026 at 4pm
RRSP contribution reminder
2025 RRSP Deadline *(Please contact Jida Daoud at 514-4932146 or jida.daoud@rbc.com to make your contribution)
If we deemed that the RRSP is the right tool for your situation, we strongly encourage you to check this task off your list early before the RRSP deadline.
The deadline for contributing to your RRSP for the 2025 tax year is March 2nd, 2026.
Find out what your available room is and contact us to help you make the contribution.
***Please note that if you will be making a transfer from a different banking institution (bill payment), you will need to make the transfer 5 business days prior to the deadline.
The Petrov Wealth Management Group accepts clients primarily by referral. If you think we can help a loved one or a colleague, please reach out and let us know.
Alexander & the Petrov Wealth Management Group