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Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...

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"The only way to do great work is to love what you do," by Steve Jobs

Steve Jobs' quote, "The only way to do great work is to love what you do," underscores the importance of passion and enthusiasm in achieving remarkable accomplishments. 

Here are a few thoughts on this quote:

1. Passion Fuels Excellence: When you're genuinely passionate about something, it becomes more than just a job; it becomes a calling. This passion provides the energy and determination needed to excel in your field.

2. Perseverance: Loving what you do can help you endure the challenges and setbacks that inevitably come your way. It's much easier to overcome obstacles when you're driven by passion.

3. Innovation: People who are passionate about their work are more likely to think creatively and come up with innovative solutions. This can lead to groundbreaking discoveries and improvements.

4. Inspiration: Passionate individuals often inspire others around them. When you're deeply committed to your work, you can inspire your colleagues and even future generations to strive for greatness.

5. Satisfaction and Fulfillment: When your work aligns with your passion, it brings a deep sense of satisfaction and fulfillment. Your career becomes a source of joy and purpose in your life.

6. Continuous Learning: Passionate individuals are more likely to invest time and effort in continuous learning and self-improvement, which can further enhance their abilities and impact.

7. Balancing Work and Life: When you love what you do, it can make achieving a work-life balance easier, as work becomes an enjoyable part of your life rather than just a necessity.

In essence, Steve Jobs' quote encourages us to find our true passions and pursue them with dedication. When you do what you love, you're more likely to make a significant impact, find satisfaction, and lead a fulfilling life.







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