HOW'S LAST WEEK HITTING YOU? · Invest & Retire Community

HOW'S LAST WEEK HITTING YOU?

A busy Friday（September 26）

GDP surprise: Canada’s July GDP grew 0.2%, beating expectations, with August flat. That points to a 0.7% annualized rebound in Q3 — meaning Canada may dodge a technical recession. Stronger growth supports banks and energy names but makes near-term rate cuts less urgent.

Strikes bite: A nationwide Canada Post strike means more than late packages — rural towns and small businesses depend on it in ways UPS or FedEx don’t cover. For investors, that’s a double hit: higher labor costs ahead, plus pressure on retailers relying on timely deliveries

Tariff shock: Trump announced a 100% tariff on pharmaceutical imports. While the move is seen as mostly political theater, TSX names like $Bausch Health Companies Inc (BHC.CA )$ $Bausch Health (BHC.US )$ could feel the pinch.

Wall Street magnet: Fed data showed foreign investors lifted U.S. equity allocations to a record 32%.

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