The Living Market Podcast

A closer look at the health of the bull market

Philip Petursson, Chief Investment Strategist at IG Wealth Management, delves into the current market conditions and offers insights on the bull market's health in this episode. He discusses the market cap distortion story, the rotation towards consumer discretionary exposures and why the primary trend remains higher.

2025 federal budget highlights

In this special edition of the podcast, Aurèle Courcelles, Vice-President of IG’s Tax and Estate Planning team explains how the changes in the recent federal budget could affect you. He discusses the tightened rules around trusts and the elimination of certain taxes, including on real estate and some luxury vehicles, which will be good news for many taxpayers. He also talks about changes to help caregivers who look after many of Canada’s seniors, plus how double dipping has been eliminated on the Home Accessibility Tax Credit.

Two cuts, two central banks, one message

Two cuts, two central banks, one message: the tightening chapter is over, says Philip Petursson, Chief Investment Strategist at IG Wealth Management. He uncovers the motivations behind the Bank of Canada and the U.S. Federal Reserve decisions to cut rates. He examines the impact on inflation, growth and monetary policy, and provides insights into what we might expect next in the coming months.

The top three topics on every investor’s lips

Tune in as Philip Petursson, Chief Investment Strategist at IG Wealth Management addresses the top investor questions: is AI in a bubble? What's happening with the Canadian dollar? And is gold's recent surge a safe-haven rally or a market bubble? Philip shares his expert insights on these pressing topics, providing clarity and context for investors navigating today's complex market landscape.

The strange market limbo where optimism meets constraints

Philip Petursson, Chief Investment Strategist at IG Wealth Management breaks down the key factors influencing the market this week, from gauging the optimism of small businesses to the implications of the U.S. Federal Reserve potentially reducing the size of its balance sheet. Philip explores the market’s addiction to liquidity and the challenges of navigating low yields and high valuations.

Momentum-chasing is distorting the volatility landscape

Philip Petursson, Chief Investment Strategist at IG Wealth Management, explores the surprising connection between the S&P's upward movement and the simultaneous spike in expected volatility, a situation that has never happened before. He explains how traders' focus on single-name leverage is distorting the volatility landscape and discusses the potential implications for the market as it heads into a busy October with significant economic data releases.

What credit spreads and bonds reveal about the economy

Right now, liquidity is plentiful, demand is strong, and even the riskiest bonds are trading just fine, says Ashish Utarid, Assistant Vice-President, Investment Strategy at IG Wealth Management. He says if credit spreads start drifting wider, that’s your cue to pay attention. This week Ashish dives into the bond market and explores the significance of credit spreads and their implications for the economy.

Year-end tax planning essentials

In this special edition of The Living Market, Aurèle Courcelles and Sheryl Troup from IG Wealth Management’s Tax and Estate Planning team share their expertise on year-end tax planning. They discuss critical strategies, such as income splitting, capital gains planning and charitable giving, and provide key dates and final tips to help listeners stay organized and ensure they don't miss out on important tax saving opportunities.

What’s beneath the surface of equities’ continued strength?

As we move into the final quarter of the year, Philip Petursson, Chief Investment Strategist at IG Wealth Management reveals all the data points that keep supporting strength in the equities markets. While on the surface, things might look messy, almost every indicator is a positive for equities. Philip explains how monetary and fiscal policy, credit, company balance sheets and low global bond yields are all favourable, explaining why equities continue to win over bonds.

Growth risk overtakes inflation risk

As expected, both the Bank of Canada (the BoC) and the U.S. Federal Reserve cut their overnight interest rates this week, says Philip Petursson, Chief Investment Strategist at IG Wealth Management. The BoC didn’t really have a choice, he says, with unemployment at its highest in a decade (apart from during the pandemic) and inflation within targets. But can we expect more cuts in the near future? And how could it all impact your portfolio?