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Avi Lewis Wins Federal NDP Leadership in First-Ballot Victory

Avi Lewis, who was proclaimed as the new leader of the NDP, speaks at the party convention in Winnipeg Sunday, March 29, 2026. Filmmaker and longtime activist Avi Lewis has been elected the new leader of the federal New Democratic Party , securing a decisive first‑ballot win with nearly 40,000 votes out of roughly 71,000 cast . His victory marks a significant shift for the party as grassroots members push for a more unapologetically left‑wing direction.  Lewis’s win signals renewed momentum for the NDP after a difficult federal election year. His campaign championed bold proposals—including expanding public ownership in key sectors—and emphasized rebuilding the party from the ground up. He inherits a party reduced to six seats in the House of Commons and facing internal tensions over energy policy, particularly from Alberta and Saskatchewan NDP leaders who warn his positions could harm workers in their provinces.  In his victory speech at the Winnipeg convention, Lewis call...
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US Futures Dip as Investors Seek Inspiration


The US stock market futures are showing a slight decline today as investors search for inspiration amid mixed signals. Let’s break down the key points:

  1. Rate-Cut and AI Growth Hopes Take a Hit:

    • The recent optimism surrounding rate cuts and artificial intelligence (AI) growth has waned. Federal Reserve officials have emphasized that interest rates will remain higher for longer due to persistent inflation concerns.
    • High yields on 10-year Treasury bonds have weighed on growth stocks, particularly megacap Big Tech companies.

  2. Arm’s Revenue Forecast Dampens AI Enthusiasm:

    • Arm, a major chip designer, provided a downbeat annual revenue forecast. This has cast doubt on the AI growth narrative that had previously boosted chip stocks.
    • Shares of Arm dropped 9% in pre-market trading, and sector peers Nvidia and AMD also saw slight declines.

  3. Earnings Season Continues:

    • Warner Bros. Discovery reported earnings that missed estimates, failing to provide support for investors seeking positive catalysts.
    • Other companies, including Roblox and Yelp, are also reporting earnings today as the season winds down.

  4. Macro Front Updates:

    • Keep an eye on weekly jobless claims data, which is due later today.
    • San Francisco Fed Chief Mary Daly is scheduled to speak, potentially providing further insights.

In summary, the stock market remains cautious, with investors closely monitoring earnings reports and macroeconomic indicators. The path forward depends on how various factors play out in the coming days.


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