Markets Near Record Highs: What's the Market Missing?

North American markets have remained resilient despite geopolitical uncertainty, but can earnings justify today's lofty expectations? Veteran Canadian market strategist John Zechner joins TD Active Trader Live to explain why he's taking a more defensive stance as earnings season begins. We discuss whether AI spending is finally reaching a prove-it moment, why investors should be looking for broader earnings growth beyond Big Tech, and what could determine the market's next move. Plus, John shares where he still sees value in the Canadian market, why earnings may matter more than interest rates over the coming months, and what investors should keep in mind before chasing the latest high-profile IPOs. 00:00 – Intro 02:18 – Market Pulse 24:16 – Technical Take To view more episodes, visit: • TD Active Trader Live Show - Tuesdays at 1... and to open your own TD Active Trader account visit: https://www.td.com/TDActiveTraderLive +++ Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets. #BNNBloomberg #Canadiannews #Businessnews