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Weekly Market Snapshot: Yields at Multi-Decade Highs, Oil Eases on Hormuz Hopes — Week of Sept. 22–26, 2026

Week of September 22–26, 2026 It was a week of two forces tugging in opposite directions. Bond yields surged to levels not seen since 2004–2007, driven by resilient US economic data, hawkish Fed signals, and oil-driven inflation fears — putting pressure on equities and the Canadian dollar. Then, late in the week, reports emerged that US and Iranian negotiators were exploring a phased deal to reopen the Strait of Hormuz. Oil pulled back sharply Friday, yields stabilized, and markets found enough relief to post a partial recovery. The TSX finished the week slightly lower but well off its worst levels, while US indices managed a weekly gain. 🍁 Canada — TSX & the Loonie The S&P/TSX Composite entered the week near 35,800 and, after a volatile ride, closed Friday around the same level — giving up roughly 0.3% on the week. Mid-week selling was driven by the same forces pressuring global markets: surging US Treasury yields, a rising oil-inflation premium, and investor nervousness ahea...
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Six Smart Financial Decisions to Make in 2024

 

The year 2024 is a great time to start making smart financial decisions. Here are six tips to help you get started:

  1. Track your money: Write down all your expenses in one place so you can see exactly how much money goes in and out of your current account each month. This will help you identify areas where you can cut back on spending and save more money.

  2. Set a budget: Once you have a view of the money you earn and the money you spend, you can start to set a budget. Make sure you are covering all your essentials and then set monthly amounts for non-essential items. Making small, frequent changes can make a big difference.

  3. Create an emergency fund: You never know when you might need some extra cash, so it’s best to have some money saved up for emergencies. Generally, it’s recommended that you have enough savings to cover six months’ worth of expenses, but having any sort of savings is a good start.

  4. Manage debt: If you have any outstanding debts, make sure you are paying them off as quickly as possible. High-interest debts like credit card balances can quickly spiral out of control if you don’t keep them in check.

  5. Invest in your future: Consider investing in stocks, bonds, or other assets that can help you build wealth over time. If you’re not sure where to start, consider speaking with a financial advisor.

  6. Stay informed: Keep up-to-date with the latest financial news and trends. This will help you make informed decisions about your money and stay ahead of the curve.

Remember, making smart financial decisions is a journey, not a destination. By following these tips, you can set yourself up for a financially secure future.


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