Quarterly Update | Q3 2026 | EP 232
Q3 2026 market update: Canadian investment-grade bonds returned roughly negative 3% while stock markets in many parts of the world ended September near record highs. Institutional portfolio manager Kevin Minas and investment counsellor Stu Morrow review the quarter, from oil above $100 a barrel and a more hawkish Fed to bond yields at multi-year highs. They discuss why hyperscalers borrowing over US$200 billion this year is crowding out other issuers, what a narrow AI-led rally means when more than half of the S&P 500 sits 20% below its peak, and whether the 60-40 portfolio still needs 40% in…
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