The Living Market Podcast

In this week’s Living Market, IG Wealth Management’s Chief Investment Strategist, Philip Petursson, looks back at the year in the markets and talks about what he got right, what he got wrong and what we can learn from it. He reminds us not to let what we wish to happen become what we expect to happen, and to always look at the data.

In this special edition of The Living Market, IG Wealth Management’s Philip Petursson, Chief Investment Strategist, and Christine Van Cauwenberghe, Head of Financial Planning, discuss this challenging year and how a real financial plan can bring investors more confidence, especially during turbulent times. 

In this holiday-themed Living Market episode, IG Wealth Management’s Chief Investment Strategist, Philip Petursson, writes a letter to Santa. He wonders how inflation and supply chain shortages must have hampered Santa’s work this year and tells Santa what he wants this year.

In this week’s The Living Market, Philip Petursson, Chief Investment Strategist for IG Wealth Management, looks ahead at the likely peaks and troughs for 2023. These include the peaks of inflation, interest rates and asset class correlations, and the trough of equity markets, plus an improved outlook for fixed income.

From bearish to bullish, from fear to greed, this week Philip Petursson, Chief Investment Strategist for IG Wealth Management, looks at the different indicators of market sentiment. While this isn’t an exhaustive list, these indicators can hint at where the markets are heading.

It’s hard to believe that barely anybody wanted to touch the oil sector with a 10-foot pole a couple of years ago, says Philip Petursson, Chief Investment Strategist for IG Wealth Management. Prices have now seen a substantial increase from the low levels of 2020. In this episode of The Living Market, he considers which factors — such as production and surplus — will impact where oil is heading.

Philip Petursson, Chief Investment Strategist for IG Wealth Management, tells us that last Thursday, November 10, the S&P 500 Index gained 5.5% in one day. A one-day gain above 5% has only happened 20 times in the last 40 years. In this episode of The Living Market, he explores the reasons behind this very rare event and says there’s a disconnect between what happens on Wall Street and what happens on Main Street.

Philip Petursson, Chief Investment Strategist for IG Wealth Management explains why he believes inflation in Canada and the U.S. has already peaked (and that we’re close to peak interest rates) and why he expects inflation to fall to half its current level within the next 12 months.

Over the last 10 years, FAANG stocks — Facebook, Amazon, Apple, Netflix and Google — dominated the investor landscape, with a disproportionate influence over the S&P 500’s growth. That’s all changed now, says Philip Petursson, Chief Investment Strategist for IG Wealth Management. In 2022, FAANGs are no longer super growers, they’re mature giants, and valuation matters once more.

As with baseball hitters, over short periods, stock markets have streaks and slumps. In the last five years, performance streaked. However, says Chief Investment Strategist for IG Wealth Management, Philip Petursson, we need to focus on long-term historic averages to set realistic expectations.