📊 Energy Dips, Buyers Waiting?

Good Morning Investors,

Commodities and energy benchmarks slipped modestly, though management commentary from select operators pointed to easing input costs, which could begin to stabilize margins in the quarters ahead. Even so, AI driven valuation excess and thin liquidity across smaller exchanges keep downside risk elevated.

Dispersion is likely to remain high. Canadian venture names, industrials positioned for reshoring, and select service oriented businesses may offer relative value once volatility settles, but investors should remain selective and manage exposure carefully until macro clarity improves.

Matthias Schneider
Editor at Analytica Investor