Market Pulse May 2026
Markets rose in May on earnings and AI optimism, but narrow leadership, geopolitical risks, and higher rates keep volatility elevated.
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Markets rose in May on earnings and AI optimism, but narrow leadership, geopolitical risks, and higher rates keep volatility elevated.
Markets hit record highs—then headlines took over. Q1 2026 reminded investors how quickly sentiment can shift amid geopolitical uncertainty. But does volatility signal lasting damage, or temporary disruption? History offers useful clues. Explore why staying disciplined through uncertainty may matter more now than ever.
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Nine months into the year, markets have been stronger than many anticipated. Equity indexes posted sizeable gains, with the S&P 500, S&P/TSX, and MSCI EAFE up 13.7%, 21.4%, and 22.3%, respectively, year to date.
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The unanswered questions surrounding potential tariffs on Canada, Mexico, China, and Europe have indeed come fast and furious, leading to much uncertainty and volatility in the markets.
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