The Canadian Index

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Bar chart comparing panic-selling rates during market drops between millennials and boomers, based on 2026 retirement research.

Millennials pulled money out of investments during market drops at a 67% rate in Allianz Life's 2026 Annual Retirement Study, versus just 8% for boomers. Kahneman and Tversky's 1979 loss aversion research explains the gap: a loss feels roughly twice as painful as an equivalent gain, driving the impulse to sell first. Investors who acted on that instinct during a downturn missed an average of 27% in gains over the following twelve months. Tuesday's Hormuz tanker strikes offer this year's freshest test of that instinct.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Line chart comparing indexed percentage changes in WTI crude oil and gold prices from July 8 to July 28, 2026.

Oil and gold moved together again on Tuesday, ending a brief decoupling in which gold had risen even as oil fell 8.7% the day before.

Oil and Gold Fell Together Today. The Disposition Effect Explains Why Clients Are Still Holding Both.

July 28, 2026

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Line chart comparing WTI crude oil and gold spot prices from June 22 to July 20, 2026.

WTI crude has climbed 2.1% to $83.48 as the conflict's confirmed U.S.

Oil Spiked Past $85 as the War's U.S. Death Toll Hit 17. It Gave Back Most of the Move by Noon.

July 20, 2026

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Line chart comparing WTI crude oil, up 24 percent, against a barely moved VIX volatility index over three weeks.

WTI crude has risen 24 per cent over three weeks as the Hormuz conflict widened, while the VIX volatility index gained only about 11 per…

Oil Has Risen 24 Per Cent in Three Weeks and the Fear Gauge Barely Moved

September 15, 2026

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Bar chart of WTI crude oil's daily percentage price swings from July 6 to August 4, 2026.

Crude oil's decline reflects a pattern researchers Daniel Kahneman and Amos Tversky called base-rate neglect: investors treating each…

Crude Moved More Than Two Percent in Twelve of the Past Twenty-Two Sessions. That Is a Base-Rate Problem, Not a Supply Problem.

August 5, 2026

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Line chart showing the spot price of gold falling 2.07 percent on July 24, 2026 as oil prices surged.

Gold's drop came even as Brent crude crossed $100 a barrel for the first time since May, after Houthi forces struck two Saudi oil tankers in the Red Sea.

Record High, Sharp Reversal: A Lesson in Loss Aversion

July 24, 2026

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Line chart showing the S&P/TSX Composite climbing toward a 52-week high during eleven nights of strikes on Iran.

The index has climbed toward a record high through eleven straight nights of strikes on Iran, a rally powered narrowly by gold miners and…

The Recency Trap in a War-Driven Rally

July 23, 2026

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