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erie canal

Second Quarter 2026: Canal History and the AI Boom

Submitted by Alsworth Capital Management, LLC on July 24th, 2026

I’m writing this commentary while traveling by boat from Seneca Lake through sections of the Erie Canal toward Lake Ontario.  Our hopes of crossing Lake Ontario and exploring the Rideau River in Canada were dashed by a mechanical shaft failure that requires hauling the boat out of the water for professional repair, ending our vacation and likely our boating season.

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