Inflation. Volatility. Bears and Bulls. There’s a lot to unpack in the markets – especially right now. Host Philip Petursson, Chief Investment Strategist at IG Wealth Management, brings clarity to the markets by sharing his views on the trends dominating the investment landscape and how they impact your financial life. Join Philip as he navigates The Living Market.
Consumers have had enough of high interest rates
Inflation dropped to 3.1% in October, but it would have been much lower if it weren’t for the rise in mortgage interest costs, says IG Wealth Management’s Chief Investment Strategist, Philip Petursson. He examines the impacts of higher mortgage payments on consumer behaviour and retail sales, and discusses the likely timing for the Bank of Canada to make a rate cut.
Current oil trends and their impact on the markets
There are three key reasons behind the recent fall in oil prices, says IG Wealth Management’s Chief Investment Strategist, Philip Petursson. Conflicts are not having the impact on prices that was expected, which has reduced the impact of speculators. Oil output is up, with stockpiles increasing, and demand (particularly from China) is down. Philip explains what this means for the economy in general and Canada in particular.
Do recent earnings point to recovery or recession?
This earnings season delivered some mixed messages, says IG’s Assistant Vice-President, Investment Strategy, Ashish Utarid. While 82% of S&P 500 companies outperformed earnings projections, only 48% outperformed total sales expectations. Ashish dives into these apparently contradictory results to explain what they mean for manufacturing, consumer behaviour and a likely recovery.
Tips for investing in a volatile environment
IG Wealth Management’s Chief Investment Strategist, Philip Petursson says that while the current investing landscape is undoubtedly challenging, it’s important to remember that a weak economy does not automatically mean poor market returns. Philip shares his tips for investing in a volatile environment and reminds us that negative economic data has historically been followed by strong market returns.
Has the Fed lost control?
The U.S. Federal Reserve, or the Fed as it’s known, is once again caught between a rock and a hard place, says IG Wealth Management’s Chief Investment Strategist, Philip Petursson. On one hand, the Fed doesn’t want to hike interest rates and trigger a recession into 2024. On the other, it sure doesn’t want to slash them. Philip says markets are beginning to come to terms with this standoff.
What you need to know about risk
IG Wealth Management’s Assistant Vice-President, Investment Strategy, Ashish Utarid says, when we delve into investment risks, it’s essential to discern between two primary types: systemic and non-systemic risk. He says investment strategy takes empirical data from around the world, and by interpreting these indicators, his team provides insights for an investment decision or thesis. He says what has changed in the last decade is the impact of mass media on investor sentiment — which requires insights into geopolitical risk.
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Voice of reason
Philip brings such a common sense approach and explains very concisely. This is a quick update that makes sense and shares opportunities in any type of market behaviour. Speaking of behaviour, I appreciate how Phillip always ties it back to what us investors are showing in behaviours.
Authentic, open and honest opinions
It is such a pleasure to hear a quality professional from a long established financial powerhouse give simple explanations to clarify the complexity of the financial world we all must live within.