Insights & Resources

The September 2026 Portfolio Construction note, “Six Questions That Keep Markets Guessing,” examines the uncertainties shaping the market outlook. CI Global Asset Management’s Alfred Lam, CFA, discusses U.S. interest rates, the midterm elections, government debt, geopolitical conflict, artificial intelligence, and Canada’s economic relationship with the United States.

Lam considers how these issues could affect markets over time, including the opportunities and risks surrounding AI and the implications of higher commodity prices for Canada. He argues that corporate earnings remain an important part of the outlook as investors work through these concerns.

To read the full commentary, download the PDF below.