Commentary

SpaceX IPO: a record debut and a reminder about patience

When SpaceX listed on the Nasdaq on June 12, 2026, it did so in spectacular fashion. The company raised US$75 billion at US$135 per share, the largest initial public offering (IPO) ever recorded, more than double the previous record set by Saudi Aramco. Shares surged 19 per cent on day

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AI Capital Expenditure: A Durable Engine Of Economic Growth

Artificial intelligence (AI) is no longer a theme on the horizon—it is a structural force reshaping capital allocation across the global economy. Technology leaders are committing billions of dollars to data centres, semiconductors, and AI-native platforms, and that pace of investment shows no signs of slowing. We view AI capital

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Just Right

As some of you know, I purchased a 40 year old sailboat last October.  Given its age I spent the spring cleaning, scrubbing and prepping so that she was ready to go when the weather improved (never would I have guessed in October that I was setting up the perfect

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Eye on the ball…

My wife and I have an awesome new puppy dog named George, he is a Cockapoo and just over a year old. He has energy to burn and he has developed the craziest obsession with balls, a black and red basketball, in particular. He literally quivers if he sees us

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Muddled, Choppy or Downright Miserable

Alright enough already! We are all growing tired of how muddled the weather has been this year. I for one am growing increasingly frustrated with trying to plan days to get my boat in the water, only to have the forecast change what seems to be six times a day.

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Cereal Guy

Confession time.  I am a cereal guy.  If it wasn’t for my wife Sheila, Shreddies would be the main staple in my diet.  Oh, and also a cold beer every now and then.  I also confess that I do not do the grocery shopping in my household, and if I

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Stack and Pivot

Nope, not a fancy workout routine or new Netflix feature, just two of the most valuable actions that we at MPWealth have been working so hard at to bring to your investment experience. If I were to boil it all down after my 25 years with our clients, what they

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