Skip to main content

Featured

TSX Hits Record High as Iran Deal Lifts Markets — Daily Update, June 16, 2026

Oil tumbles on Strait of Hormuz reopening framework. All eyes on the Federal Reserve as Kevin Warsh chairs his first policy meeting. Here is everything moving Canadian wallets today. Tuesday, June 16, 2026  |  MoneySavings.ca 🇨🇦 TSX — Another Record on the Books The S&P/TSX Composite closed at a fresh all-time high on Monday, June 15, topping 35,398 intraday before finishing near the upper end of its range. The index is now up more than 11% year-to-date , the second-best performance among major global indexes tracked through mid-June — behind only Japan's Nikkei (+31%). Monday's rally was broad-based, fuelled by a surge in risk appetite following the announcement of a U.S.–Iran peace framework over the weekend. Energy, financials, and materials all participated, though energy stocks gained somewhat less than the others as crude oil prices simultaneously fell sharply on the Strait of Hormuz reopening news — a rare case where the same headline pushed the index up and one ...

article

The Reagan Shadow: Trump’s Presidency in a Conservative Mirror

U.S. President Donald Trump, in front of a painting of former U.S. President Ronald Reagan, in the Oval Office at the White House

When Donald Trump entered the Oval Office, he did so under the long shadow of Ronald Reagan, a figure still revered by many conservatives as the gold standard of Republican leadership. Reagan’s presidency in the 1980s reshaped the GOP, embedding themes of tax cuts, deregulation, and a strong national defense into the party’s DNA.

Trump, however, inherited not just Reagan’s legacy but also the expectation to measure up against it. While Reagan projected optimism and a unifying “Morning in America” message, Trump’s style leaned more toward disruption and confrontation. Yet both men tapped into a sense of discontent, appealing to voters who felt left behind by political elites.

The comparison reveals both continuity and contrast. Trump echoed Reagan’s skepticism of government and emphasis on American strength, but he diverged sharply in tone, rhetoric, and approach to global alliances. For many Republicans, Reagan remains the idealized past, while Trump represents a more combative present—two different answers to the same question of how conservatism should define America’s future.


Comments