More market musings coming out of the heart of earnings season
November 17, 2025 - Chris CherepuschakComing out of the heart of the latest corporate earnings season in America, we look at a number of different subjects (update on the AI trade, gold, effective versus actual tariff rate, and more), as well as revisit the set-up for the rest of 2025. General disclaimers: As always, please note that the following video is a general discussion of the markets and our discretionary models and is not meant to provide specific advice to any individual/entity/portfolio. Furthermore, certain portfolios may have unique/idiosyncratic circumstances surrounding it that render the above commentary inapplicable.
Read moreShades of the past by numbers
October 20, 2025 - Chris CherepuschakWith 2.5 months still left to go in 2025, uncertainty still reigns supreme, and whether or not we can maintain strong gains for three years in a row remains an outstanding question. But as part of trying to navigate the path forward, we take a look at the story of market for the first 9.5 months so far, and compare it to 9 other previous years where the story lines and/or data points were similar.
Read moreWe see a bit of a bubble, but it's probably not what you're thinking
September 19, 2025 - Chris CherepuschakAs asset prices continue to climb, the word "bubble" is starting to get thrown around more and more. From our point of view, while we definitely do see a particular one forming, it's probably not what you have in mind.....
Read moreCorrectly incorrect: An updated look at markets coming out of copious catalyst week, additional inflation data, and more
August 14, 2025 - Chris CherepuschakAs a follow-up to our last video released on Monday, July 28, 2025, we look at how everything played out during that "copious catalyst" week, other developments in the days after, and how it's possible to be right and wrong at the same time!
Read moreAn unrelenting upward market meets a conflicted Fed, copious catalysts, and poor seasonality
July 28, 2025 - Chris CherepuschakAs the Goldilocks market that we talked about in our June 2025 video continues its steep upward trajectory, we update our previous thesis and look at why now appears to be an optimal time to become a bit more cautious tactically.
Read moreWhat if we're in a goldilocks market environment and the biggest risk to it is actually deflation? (not inflation)
June 13, 2025 - Chris CherepuschakChecking in with folks about a month after our last video as markets continue to recover nicely and global equities hit a new all-time high, we examine where things stand now in the markets and consider a possibility that would be very on-point with the theme of 2025 in general: That things are actually the exact opposite of what most people now think.
Read moreTo the brink of bear territory and back.....and beyond?
May 14, 2025 - Chris CherepuschakNote: The blurriness for the first thirty seconds was a laptop camera issue, not an issue on your device, and it's not noticeable shortly into the video once we start sharing slides. While it may be completely unfathomable given everything that has taken place in the markets this year, as of market close on Tuesday, May 13, the S&P 500 is now in positive territory year-to-date in 2025 (though still a bit off from the all-time high hit in mid-February). The question then becomes though, what comes next?
Read moreApparently we go higher, but does it last?
April 11, 2025 - Chris CherepuschakIn a quicker video that serves as almost an addendum to the previous video recorded Monday, April 7, 2025 (see below for the link to said video), we look at yet another historic day in the markets - but this time in a good way! We also examine the nuances around today's events and the intraday price action that provide even further optimism, how previous maneuvers discussed in the last video paid dividends on a day like today, and why some caution is still warranted as move forward. https://ca.rbcwealthmanagement.com/wade.wealth/blog/4505132-Where-do-we-go-from-here
Read moreWhere do we go from here?
April 7, 2025 - Chris CherepuschakThe pronounced meltdown in markets that has played out in April has been shocking in terms of both speed and magnitude. As everyone searches for answers, we walk through the current market backdrop and our own framework we use to navigate extreme environments like the one we're in.
Read moreReviewing the current market backdrop as uncertainty reigns
March 5, 2025 - Chris CherepuschakIn a world where volatility is surging, markets are falling, and uncertainty reigns as a result of tariff-induced angst, we take a look at the current investing backdrop, what's changed and what hasn't, and where we now see opportunities going forward.
Read moreGoing into 2025: Watchful, Careful, but Invested
December 20, 2024 - Chris CherepuschakIn our annual look at the markets going into the year ahead, we find ourselves in a world where there are a lot of good reasons to stay invested, but also a world where a lot of people already know all these reasons and are watching evermore intently for the initial signs that the good times are over (thus we are watchful, careful, but invested). We talk a lot about this overall environment in the video, but also on certain parts of the stock market where we still see opportunity, the distinction between the Canadian real economy and the Canadian stock market, the weakness in our Loonie, and more! But regardless of all of that, we wish you all a wonderful holiday season and an amazing 2025!
Read moreOn the other side of the election, the most interesting market isn't the stock market
November 14, 2024 - Chris CherepuschakWhile a lot has happened to, and within, various stock markets since election day in America (and we touch on that briefly at the start here), the most interesting potential opportunity going forward in our opinion lies elsewhere as participants in this other market continue to price in an outcome that is the exact opposite of what we saw happen in Donald Trump's first term as President when he went down the exact same policy path.
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