Podcast
Failing to Plan
Will Simpson and Greg Wise
May 8, 2026
Where do you want to be financially in the next 5, 10, or 20 years?
Risk assets were on fire this week, and honestly, it’s getting a little insane. In CAD terms, the S&P 500 added 3.1%, the Nasdaq gained 5.1%, Japan kept ripping higher at 5.3%, and emerging markets quietly stole the show at 6.6%. Canada was much quieter with the TSX up just 0.5%. Under the hood, growth kept leading with the Russell 1000 Growth up 3.7%, and yes… the S&P 500 touched 7,400. Astonishing. Markets are absolutely rolling right now.
What’s maybe even more impressive is why stocks keep refusing to crack. Between the Middle East headlines, oil elevated, and plenty of “this should be bad for markets” narratives floating around, equities just keep climbing. This week’s U.S. jobs report once again reminded investors that the economy is still standing tall, with payrolls coming in stronger than expected and unemployment holding steady.
And if you were wondering where the momentum is coming from, semis are back in full beast mode. The chip index is up roughly 11% in just the past week and ~40% the past month as investors piled back into anything tied to computers. Over 85% of the S&P 500 has now reported, and earnings growth for the period is now sitting at 25%. Translation: earnings still matter more than headlines, and so far corporate America continues to deliver.
As always, if you have any questions about your portfolio or know someone who could benefit from a second opinion, we are always happy to help.
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Best,