Citizens maintains Global Net Lease stock rating on portfolio progress

So far investors have been focused on artificial-intelligence infrastructure plays rather than productivity beneficiaries, says Goldman Sachs.

First draft: November 2025. We thank John Beshears, James Choi, Anastassia Fedyk, Alberto Rossi, Jon Reuter, Darrell Duffie, Fiona Greig, Jonathan Parker, Chris Tonetti, Tony Cookson, Aizhan Anarkulova, Steffen Andersen, Antonio Coppola, Eric So, and conference and seminar participants at MIT Sloan, Vanguard, Stanford IFDM, Erasmus, CEPR Household Finance, SFS Cavalcade, FIRS, WFA, and the…

Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability.

The Dow Jones Industrial Average trades just short of 52,900 on Tuesday, higher by close to 700 points and 1.3%, roughly 450 points beneath the record it set in the first week of July. Taken alone, that reads as a broad risk rally. One index over, the semiconductor complex is in a drawdown that has…