Stable on the Surface: Q1 2026 Market Commentary

Markets are finding stability, but the risks driving them are quietly shifting. Beneath the calm, questions around valuations, concentration, geopolitics, and diversification are becoming harder to ignore. Join host Jasmine Marichic and Ben Jang, Portfolio Manager | Investment Strategist at Nicola Wealth, as they unpack Q1 2026. You'll hear: • What "normalization" really means in today's market environment • Why strong recent returns may lead to a more muted outlook ahead • How concentration risk and the AI narrative are beginning to shift • Why fixed income may not provide the same diversification as in the past • Where opportunities are emerging beyond traditional public markets • How global market leadership is evolving beyond the U.S.