They note that the TSX is trading at a record discount to the S&P 500

Year-to-date moves: TSLA -30%, NVDA -11%, GOOGL -11%, MSFT -7%, AMZN -5%, AAPL -5%, Microcap investors..

Microcaps are often cyclical in nature. This can be either a feature or a bug. Some see opportunity, others see challenges.

Russia today controls less of Ukraine than they did three years ago. Russia today controls less of Russia than they did three years ago. Russia is not winning this war.