The Canadian Index

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Line chart showing the VIX volatility index climbing for four straight weeks to 17.84 in September 2026.

The VIX has risen for four consecutive weeks as the Strait of Hormuz conflict drags on, even though shipping through the chokepoint has thinned sharply since the war began. Investor sentiment surveys show unusually high bearish and bullish readings at the same time, a sign of genuine uncertainty rather than calm. Researchers have long found that people feel losses about twice as intensely as equivalent gains, which is why a slow climb without a single sharp drop often catches clients off guard.

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 showing the VIX volatility index falling 11.2 percent even as retail investor bearishness stays elevated.

The VIX fell 11.2 per cent even as a widely followed retail sentiment survey held near 40 per cent bearish, a gap that has persisted for most of the past month.

Retail Investors Are More Afraid of the Hormuz War Than the Market Is

September 14, 2026

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Line chart of the Cboe VIX volatility index from late August to September 23, 2026, hovering in the mid-teens.

The VIX estimates how much the options market expects stocks to move over the next thirty days, so it can stay quiet while individual sessions are violent.

VIX Stays Subdued While the TSX Swings

September 24, 2026

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Chart showing AAII investor sentiment survey results, with bearish and bullish readings both above their historical averages.

Both bearish and bullish sentiment now sit above their long run averages, an unusual split that Amos Tversky and Daniel Kahneman's availability heuristic helps explain.

Investors Are More Bearish and More Bullish Than Usual, and Tuesday's TSX Move Shows Why

September 9, 2026

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Bar chart of the TSX Composite's daily percentage swings from August 10 to September 4, 2026, showing an unusually volatile six-session stretch.

The TSX has broken its own recent volatility average in five of the last six sessions, a stretch triggered by Washington's tariffs on…

Why This Week Feels Worse Than the TSX Actually Performed

September 8, 2026

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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.

Why Millennials Panic-Sell Eight Times More Than Boomers

September 1, 2026

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Line chart showing the VIX volatility index holding a narrow range through late August 2026 despite trade war headlines.

The VIX has held a narrow range for most of August even as Ottawa confirmed C$27.6 billion in retaliatory tariffs and Washington unveiled a sweeping new Iran sanctions campaign.

The VIX Has Not Moved in Three Weeks. That Is Not the Same as Markets Judging the Trade War Small.

August 26, 2026

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