Have we turned the corner on the market?

Philip Petursson, Chief Investment Strategist for IG Wealth Management, says this summer has seen a nice equity market rally. At time of recording, he says the S&P 500 index has staged a healthy recovery off the low of June 16, 2022 by just over 17%. And while the index is still down year-to-date, we have seen a recovery over half of the downside since the start of the year. Listen in as Philip asks whether we have we turned corner on the market in economic pessimism and seen the bottom? And does this mean it’s all smooth sailing from here?

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