Market Ethos

Mixed signals

10 February 2026. Market Ethos. The economy is good, earnings growth is good, inflation is fine, this is a good foundation. These are more market…

10 minute read

pushing a boulder up a curve

Market Ethos

Steep curves good? Not always

26 January 2026. Market Ethos. If an inverted yield curve can signal a near-term recession, does a steeper curve automatically mean good news? Not so…

7 minute read

Market Ethos

Size matters

19 January 2026. Market Ethos. When it comes to large cap vs small cap it sure feels like big always wins. But the start of…

9 minute read

Market Ethos

Swimming in oil

12 January 2026. Market Ethos. The world knows that we have too much oil – the market knows this, the forward energy curve knows this,…

11 minute read

Market Ethos

Ethos rewind: the year’s biggest themes

December 15, 2025. Market Ethos. As is tradition, this final Ethos of the year takes a look back at the most popular editions based on…

8 minute read

Market Ethos

Laggards need to join the party

December 1, 2025. Market Ethos. The TSX may enjoy solid returns in 2026, but it is going to be tough, given valuations. To keep the…

9 minute read

Market Ethos

AI’s wild ride

November 24, 2025. Market Ethos. The AI bubble will likely continue to inflate, but we would not be surprised to see an increasing frequency of…

13 minute read

Market Ethos

Faster isn’t always better

November 17, 2025. Market Ethos. The impact of rates, tariffs and uncertainty slowly make their way into the economy and company earnings. Impatience bias isn’t…

11 minute read

Market Ethos

Headlines versus reality

November 10, 2025. Market Ethos. It does feel that when markets are down, they tend to be more negative and when markets are up, more…

11 minute read