What Investors Need to Know
The headlines say the market is expensive.
The numbers tell a more interesting story.
✅ S&P 500 near all-time highs
✅ Nasdaq continues to be powered by AI
✅ TSX hitting record levels
✅ Corporate earnings remain strong
The biggest driver?
Artificial Intelligence.
We’re no longer in the “AI hype” phase. Companies are spending real money on data centers, chips, cloud infrastructure, and software. The winners are seeing real revenue and earnings growth.
🏆 Market leaders:
• NVIDIA
• Microsoft
• Amazon
• Alphabet
• Oracle
• Broadcom
But there are risks.
⚠️ Inflation remains stubborn.
⚠️ Interest rates are still elevated.
⚠️ A handful of mega-cap stocks are driving a large share of market gains.
⚠️ Geopolitical tensions could create short-term volatility.
What am I watching?
1️⃣ Earnings growth
If earnings keep growing, stock prices can continue rising.
2️⃣ AI spending
As long as businesses keep investing billions into AI infrastructure, many technology leaders should benefit.
3️⃣ Interest rates
A surprise rate hike could pressure high-growth stocks.
My biggest lesson from 2026 so far:
The best companies keep proving why they’re expensive.
Many investors spent years waiting for a crash while businesses like NVIDIA, Microsoft, Amazon, and Constellation Software continued growing.
📈 Wealth is often built by owning great businesses for a long time, not by predicting the next market move.
What’s your highest-conviction holding right now and why?
