Good morning! Discover the latest trends and insights in this month’s Invested newsletter! From gold-fueled market highs in Canada to shifting sentiment on Big Tech and the mainstreaming of crypto, this month’s newsletter explores the evolving landscape of global investing. We also spotlight the ethical frontiers of AI, examine the energy transition in our Podcast Pick, and take a deeper look at how societies confront collective guilt. Happy reading!
VIEWPOINT SPOTLIGHT
THE ENERGY RESET & THE TRADE RECKONING: TWO FORCES SHAPING YOUR PORTFOLIO
Powering the Future: The Case for Uranium in Your Portfolio
With Middle East tensions escalating and the Strait of Hormuz at risk, oil prices are surging. But uranium is quietly making a comeback, driven by rising electricity demand, nuclear investment, and supply constraints. Its unique role in the energy transition offers compelling upside and diversification. CIO Scott Smith asks the question: Could uranium be the stealth winner of this energy reset?
The New Front in the Trade War: Section 899 Gives Investors Another Reason to Diversify
Despite upbeat U.S. job numbers, bond markets sold off and rate cut expectations faded amid rising wage pressures and trade uncertainty. Section 899 of the OBBB could disrupt global capital flows and spark a major rethink of U.S. asset exposure—especially for Canadian investors. Will fiscal clarity or trade deals calm the storm? Read the full breakdown by Viewpoint CIO Scott Smith.
JUNE’S INVESTMENT PULSE
CANADA’S RALLY, CRYPTO’S RISE, & TECH’S REALITY CHECK
How Did the Canadian Market Hit a New Record? Gold Exposure Has Helped
Canada’s stock market has rebounded sharply post-“Liberation Day,” buoyed by tariff reprieves, surging gold prices, and a wave of economic nationalism. A pro-growth government, sector tailwinds, and domestic spending shifts have propelled the S&P/TSX back to pre-crisis levels. Is this the dawn of the “Great White Long Trade”? Explore what’s driving Canada’s market momentum in this article from David Rosenberg and the Financial Post.
Have Cryptocurrencies Arrived as an Asset Class? It’s Complicated
This article from the Financial Times explores how Bitcoin is back near record highs, fueled by Trump-era optimism, regulatory shifts, and growing institutional interest. Once dismissed as a “scam,” crypto is gaining mainstream traction—even as risks, scams, and wild volatility persist. With over 16 million cryptocurrencies and rising use of ETFs and stablecoins, is crypto finally going mainstream—or just evolving?
Ordinary Investors Are Souring on Big Tech
After riding the tech rebound, individual investors are beginning to trim exposure to the Magnificent Seven, rotating into international stocks, value plays, and more defensive sectors. With valuations stretched and trade tensions still unfolding, many see now as the time to diversify. Are the tech titans losing their shine—or just taking a breather? Read the full article from The Wall Street Journal to find out.
INSIGHTS FROM THE VIEWPOINT FOUNDATION
EXPLORING PHILANTHROPIC TRENDS & IMPACTFUL INITIATIVES
Beyond Blame: Reframing Collective Guilt
What happens when the stories a nation tells about itself collide with uncomfortable truths? Exploring collective guilt through postwar Germany, Japan, and Canada’s colonial legacy, this piece from Jessica Ratushniak examines how societies confront—or avoid—moral reckoning. Can symbolic gestures evolve into genuine accountability? What kind of society do we become when we face our shared past head-on?
PODCAST PICK
UNLOCKING INSIGHTS, ONE EPISODE AT A TIME
Daniel Yergin on the Troubled Energy Transition
In this ARC Energy Ideas podcast, Pulitzer Prize-winning author Daniel Yergin joins Peter Tertzakian and Jackie Forrest to explore the complexities of the global energy transition. He shares his views on why the “fast transition” scenario may be unrealistic, China’s clean energy dominance, OPEC’s strategy, and how Canada should respond to rising U.S. trade pressures. Is a pragmatic path forward the only way ahead?
MORE TO EXPLORE
CURATED READS FOR THE INQUISITIVE: AI AT THE EDGE
The Gentle Singularity
AI is accelerating fast—beyond expectations. From GPT-4 to humanoid robots, we’re entering an era where intelligence and energy become abundant. With productivity soaring and scientific discovery speeding up, the world could change dramatically by 2030. This article from Sam Altman explores the question: are we ready for the social, economic, and ethical implications of superintelligence?
Large Language Models Are the Human ‘Face’ of the AI Revolution. But Are They Ready for Prime Time?
LLMs like ChatGPT and DeepSeek are transforming how family offices explore insights through natural language. But with great potential comes serious risk—biases, inaccuracies, and data security concerns loom large. As private platforms emerge to address these gaps, experts urge caution: are these tools as powerful and secure as promised? Check out this article from Canadian Family Offices for more info!