Senior Portfolio Manager Maili Wong, CFA, CFP, FEA joined BNN Bloomberg television on July 30 to discuss what investors should be watching as they consider interest rate decisions, artificial intelligence (AI) companies reporting earnings this week, and recent market volatility in technology shares.
You can watch the full interview here. Maili’s segment starts at the 2:40 timestamp:
Key highlights from the discussion:
- Discussed the latest Federal Open Market Committee interest rate announcement and dissenters, and explained why the U.S. Federal Reserve’s hawkish dissent signals rates may stay higher for longer, reinforcing the importance of owning quality assets and maintaining portfolio discipline.
- Highlighted the shift in the AI investment story from growth at any cost to proving returns on capital, with Microsoft (MSFT) +15% today demonstrating that AI spending can translate into stronger cash flow and earnings.
- Addressed the recent pullback in AI and semiconductor stocks, noting it appears to be a concentrated reset after an extraordinary rally rather than a broader market correction.
- Emphasized that periods of volatility often create opportunities to add high-quality investments and that long-term success comes from staying invested, diversified, and adaptable through uncertainty.
Bottom line: Maili remains constructive on the second half of 2026. Strong earnings, ongoing AI investment, moderating inflation, and resilient economic data continue to support markets. As we remind clients and investors, a disciplined, long-term Smart Risk approach remains your greatest advantage.
If you have any questions about how this relates to you or your investment portfolio and financial plan, please give us a call at 778-655-2410 or email us at thewonggroup@wellington-altus.ca
Sincerely,
Maili Wong, CFA, CFP, FEA
Senior Portfolio Manager & Senior Wealth Advisor
Wellington-Altus Private Wealth Inc.
Board Director
Wellington-Altus Financial Inc.
