Friday Nov 29, 2024
What does 2025 have in store?
In this special podcast, IG Wealth Management’s Chief Investment Strategist, Philip Petursson presents his economic outlook for the new year. He discusses how growing demand and manufacturing are boosting the global economy, how inflation is likely to develop, the pros and cons of a weak Canadian dollar and diverging central bank policies. Philip also explains how bonds are poised to deliver good long-term returns, which could in turn put pressure on stock prices. He feels that this pressure, along with overly high equity valuations, will make disciplined stock selection even more important.
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