Market Commentary & Insights
Stay up to date on market commentary and trends from our MK Total Wealth Management Group
Latest Market Commentary
The third quarter of 2026 was another reminder that markets can remain surprisingly
resilient even amid a constant stream of uncertainty. Investors spent much of the summer
navigating headlines surrounding trade negotiations, geopolitical conflicts, shifting central
bank policy, and the ongoing evolution of artificial intelligence. While each of these issues
generated periods of volatility, markets largely remained focused on the underlying strength of
corporate earnings, consumer spending, and economic activity. Throughout the quarter,
investors continued to grapple with the challenge of separating short-term noise from longterm
fundamentals.
Latest Wealth Insights
This shift is already having economic implications. Just a decade ago, many observers warned that retiring baby boomers would become a significant drag on economic growth as they left the workforce. Yet the opposite has occurred. Those aged 50 and older, now part of the so-called “longevity economy,” accounted for just 24 percent of the global population in 2020 but contributed 34 percent of global GDP. In the U.S., households headed by someone aged 50 or older now account for more than half of all consumer spending.
And the demographic shift is only beginning. Canadian life expectancy is now around 82 years, while those reaching age 65 can expect to live to approximately 86. Canada’s centenarian population has more than tripled since 2000 and is projected to increase nearly tenfold over the next 50 years.
