Thoughtful Money with Adam Taggart · Sunday, June 28, 2026
Louie Gav points out the strong performance of Canadian financials, which he finds somewhat counter-intuitive given concerns about Canada's real estate market and its flirtation with recession. Despite these economic headwinds, Canadian financial institutions are reportedly having a "monster year."
“Interestingly, in your part of the world, Canadian financials have crushed it.”
“Uh, Canadian financials are having a monster year.”
“Which is somewhat perhaps a little counter intuitive since a lot of people, uh, expected them to do badly on the back of, uh, the Canadian real estate troubles and the fact that, you know, Canada's been essentially flirting with recession now for the past few quarters.”