Danielle Park

The S&P 500 has soared over 12% since the start of April and 7% since the start of the Iran war, thanks to a +40% rebound in chip stocks.

Current market conditions are so extreme that the masses believe they are normal and durable. Such assumptions have historically proven painful.

ronniechua/iStock via Getty Images Last week, we learned that Canada lost 47,000 full-time jobs in April, while part-time employment edged up by 29,000.

Last week, we learned that Canada lost 47,000 full-time jobs in April, while part-time employment edged up by 29,000. April's loss means Canada has shed jobs in three of the first four months of 2026, for a total of 112,000 jobs lost since January. Nationally, the unemployment rate rose 0.2 percentage points to 6.9%.

The US is at the high end of its 20-year forward price-to-earnings multiple, but it is not the only highly valued market today.

The US (in light blue below, courtesy of The Daily Shot) is at the high end (see diamond) of its 20-year forward price-to-earnings (PE) multiple, but it is not the only highly valued market today. New Zealand is the most expensive, and Canada (in yellow) is also near the high end of its historic range. Only a handful of emerging markets (on the far right of the chart) are near historic low valuations.

direct video link. Personal insolvency trustee Doug Hoyes explains Canada's data this way

Market interest rates have been climbing as the Middle East conflict puts upward pressure on oil prices and inflation expectations. Read more here.

direct video link. CMHC Mortgage Survey: Renewals Hurt, Default Fears Fall. The Bank of Mom and Dad Grows CMHC surveyed 4,112 Canadians who completed

The segment below offers some real talk about the madness that passed as investing savvy in Canadian real estate over the last decade. Until the ‘easy money' tide goes out, most have no idea how ill-advised and self-destructive their behaviours are. Revelations tend to spread as prices drop and losses compound.