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Every Sunday, Anglia Advisors founder Simon Brady CFP® CETF® recaps the week in financial markets. simonbrady.substack.com
- Indexed episodes, last 90 days
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- Sep 6, 2026
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- Jul 5, 2026
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Get Smart. (opens the original)
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The shortage of any important news over the weekend was highlighted by the fact that the story of Trump’s Lake Ontario stunt grabbed the headlines even as polls emerged to show that two-thirds of Americans do not approve of his tariff policy, with the midterms around the corner. This is in stark contrast to Canada where the more that Prime Minister Carney sticks it back to the US, the more popular he becomes with his electorate. These opposing political dynamics will definitely have an impact on
Warfare. (opens the original)
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Open economic warfare broke out between the US and its historically closest ally and second-largest trading partner over the weekend as Canada terminated trade negotiations in response to having been “attacked” by the US, according to Prime Minister Carney who openly said that “ America is trying to break us, so it can own us” . He effectively told the Trump administration where to stick its 50% tariff policy and promised to match American levies “dollar for dollar” . It was a sneakily important
Too Much To Handle. (opens the original)
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Following a weak-volume, low-volatility trading week in the stock market that nevertheless solidified August’s gains and a generally quiet weekend on the newswires, Monday marked the expiry of the 60-day Memorandum of Understanding, intended to be a pause during which a resolution to the US/Iran war could be crafted but which has clearly been a total failure. Trump, faced with record low approval ratings, went back to bashing and threatening international allies, picking particularly on South Ko
Snoozer. (opens the original)
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Not a great weekend for US diplomacy. Iran threw ice-cold water on any lingering hopes of an imminent resolution to the war by issuing a list of demands (most of which were complete non-starters in the eyes of the Trump administration) that the US would need to agree to before the Strait of Hormuz can be reopened. Israel then piled on, formally rejecting Trump’s proposed Gaza peace plan. The week began with a snoozer on Monday , despite a spike in oil prices resulting from the weekend’s setbacks
Dancing In The Dark. (opens the original)
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Following Trump’s latest flip-flop over the weekend as he continued to desperately search in vain for an off-ramp to the highly unpopular war that he started over five months ago, Iran accused him of “psychological warfare” . An exasperated Wall Street would probably agree. Traders are dancing in the dark . Trying to get a handle on what the plans are, if any, for bringing this conflict (and the resulting energy price volatility) to a suitable and sustainable conclusion is proving impossible and
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