Japanese financials have crushed it in 2026 due to a steep steepening of the yield curve, pickup in capital spending, and fiscal stimulus; Canadian financials have also performed extremely well despite expected weakness from real estate troubles; US financials have been flat despite strong economic data—this divergence is a key indicator of where systemic risks are not showing up.

factualpending

Speaker

Louis Gavk

Evidence Quote

if you look at Japan financials have absolutely crushed it...Canadian financials have crushed it...and the banks really haven't done very much

Source

There's Going To Be One Hell Of A Hangover When The Market Party Ends | Louis GaveAdam Taggart | Thoughtful Money®
Created: 8/12/2026, 6:25:43 PM

My Notes

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