Stan Wong, portfolio manager at Scotia Wealth Management, shares his outlook on North American Large Caps &amp; ETFs.

Stan Wong's Market Outlook: North American Large Caps & ETFs (July 9, 2026)

Market Call

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Thanks for joining us today on Market Call. I'm Mirella Fernandez. Stan Wong with us on the show. Portfolio Manager at Scotia Wealth Management. He'll take your questions on North American Large Caps and ETFs. Here's how to reach us. 1-855-326-6266. You can send us an email, marketcall at bnnbloomberg.ca. Thanks for coming in. Good to see you. It's great to be here. Good to see you.

We have a renewal of the conflict in the Middle East. Now trading hits again overnight. I'm wondering how much the price of oil and the changing price of oil affects your market outlook for the next half of the year. Well, we certainly have had a sharp pullback in energy prices from the highs of 100 and past 102 on Brent crude. So that's positive for the markets. And I think that investors are starting to look back at corporate fundamentals and the economic fundamentals.

Certainly some of the more recent tensions or renewal of tensions has put in a little bit of a worry in the marketplace. But as you know, as quickly as it can start, it can very quickly end as well. OK, so let's talk about Samsung, which reported earnings did very well. Investors still dragged that part of the sector down. What's your take on the AI cycle and where it's at right now?

Stan Wong's Market Outlook: North American Large Caps & ETFs (July 9, 2026)

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Stan Wong's Market Outlook: North American Large Caps & ETFs (July 9, 2026)

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.