Bond yields keep climbing, key jobs and inflation data is days away, and we're heading into the weakest month of the year for the S&P 500. Here are the top three things to consider before you make your next investment decision.

Allan breaks down why the 10-year Treasury pushing toward 5% matters for mortgages, borrowing and stock valuations, why US debt crossing $40 trillion is part of the story, and how the Middle East conflict is feeding straight through oil prices into inflation. He also looks ahead to jobs numbers from the US and Canada this Friday, US CPI on September 11th and Canadian CPI on the 14th, plus whether the Fed moves at its September 16th meeting. Finally, the September seasonality question: since 1950, September is the only month the S&P 500 has finished higher less than half the time. Do you have a question about investing? Feel free to call me at 416-332-3863 or email me at [email protected]

Listen to the full show as I discussed the latest stock market action, provided my insight on the markets, and the overall economy.

Do you have a question about investing? Feel free to call me at 416-332-3863 or email me at [email protected]

Canada walked away from the negotiating table with the United States — and the economic stakes could not be higher. Ian Lee, Associate Professor of Management at the Sprott School of Business, Carleton University, joins Allan Small to explain why he believes that was a mistake, why retaliatory tariffs hurt Canadians more than Americans, and what has to change if Canada wants to avoid a deep recession.

Ian argues that Canada's vulnerabilities were built over six decades, not six months: interprovincial trade barriers the IMF ties to roughly $200 billion in lost output, decades of underdeveloped resource capacity, heavy regulation, and an export economy where roughly three-quarters of everything we sell goes to a single customer. He also makes the case that the ten premiers — not just Washington — are standing in the way of a stronger Canadian economy.

We cover tariffs and who actually pays them, whether the Prime Minister's hands are really tied, supply management and the 250% dairy tariff, the OECD's long-term GDP per capita warning, and what a realistic path back to the bargaining table looks like.

Check out my Sunday Money Show podcast (August 30, 2026) where I interviewed Ian Lee, Associate Professor, Management, at the Sprott School of Business, Carleton University, about the latest events pertaining to trade between Canada and the US. I also discussed the latest earnings from Nvidia and our largest Canadian banks, inflation data, and a whole lot more.

Do you have a question about investing? Feel free to call me at 416-332-3863 or email me at [email protected]

I am happy to answer your questions on air on my next show.

Why 30-year yields are spiking, whether Canadian banks are overvalued into earnings, and what Nvidia and Middle East oil mean for your portfolio. Do you have a question about investing? Feel free to call me at 416-332-3863 or email me at [email protected]

Listen to the full show as I discussed the latest stock market action, provided my insight on the markets, and the overall economy.

Do you have a question about investing? Feel free to call me at 416-332-3863 or email me at [email protected]

Check out my Sunday Money Show podcast (August 16, 2026) where I discussed the Canada/US trade deal, the latest inflation readings, and how the market continues to be affected by the conflict in the Middle East.

Do you have a question about investing? Feel free to call me at 416-332-3863 or email me at [email protected]

I am happy to answer your questions on air on my next show.

The most popular part of the show — the three things I want individual investors focused on before making decisions over the next couple of weeks. First, the US-Iran conflict and oil. Talk of a deal keeps moving crude, but the real question is whether any deal holds. I look at Brent versus WTI, US gasoline at $4.09 a gallon, Canadian pump prices, and OPEC+ approving another 188,000 barrels per day from September — which effectively unwinds the 1.65 million barrel cut agreed to back in 2023. My view is that fair value for WTI sits closer to $50-$60 than $90-$100, and that's exactly why I'd only own an oil stock that pays a dividend. Second, jobs and inflation. Canadian and US employment numbers land Friday, August 7th, with CPI and PPI following on August 12th and 13th. US job creation has been slowing each month, expectations are for just 57,000, and three of Canada's last six months have been negative. Headline CPI at 3.5% and core at 2.6% are still well above the 2% target. Third, and to me the biggest question of this earnings season: is the tech spend justified? The four largest data centre players have now committed $2.4 trillion — more than their free cash flow. Meta and Alphabet were punished hard for it despite excellent earnings and 82% cloud growth at Google, while Amazon and Microsoft were rewarded for very similar spending. The difference may come down to how well each one explained the return on investment.

Listen to the full show as I discussed the latest stock market action, provided my insight on the markets, and the overall economy.

Do you have a question about investing? Feel free to call me at 416-332-3863 or email me at [email protected]

Check out my latest Sunday Money Show podcast (August 2, 2026) as I discussed the latest stock market action, interest rates, technology stocks, and the overall economy.

Do you have a question about investing? Feel free to call me at 416-332-3863 or email me at [email protected]

I am happy to answer your questions on air on my next show.