Philip Petursson, Chief Investment Strategist for IG Wealth Management, says monetary policy is not an exact science. It’s more like filling a bathtub with hot and cold water to try to reach the perfect temperature. The Bank of Canada’s recent 1% interest rate hike was more like dropping a block of...

Philip Petursson, Chief Investment Strategist for IG Wealth Management, says the online search for the word “recession” hit its highest level in 15 years during the week of June 12. Does this mean the U.S. economy is headed for a recession, or are people’s recession fears being stirred up by the...

It’s time to talk about oil

by Philip Petursson on

Energy makes up 8% of Canadian GDP and has a big impact on the loonie’s value relative to the U.S. dollar. Host Philip Petursson, Chief Investment Strategist for IG Wealth Management, explores reasons why crude is so high (including high demand, war in Ukraine and capacity limitations), and how this...

Host Philip Petursson, Chief Investment Strategist for IG Wealth Management, says he’s not surprised about the evaluation correction, high inflation or the rising interest rate environment. He is, however, surprised by the magnitude of each and suspects that the majority of investors are equally...

The rule of 20

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Host Philip Petursson, Chief Investment Strategist for IG Wealth Management, explains the rule of 20, a way of measuring whether the stock market is over- or undervalued. Listen in as Philip explores how the rule of 20 relates to current market activity, how markets are still considered overvalued...

A2018 IMF research paper concluded that economists tend to miss predicting recessions, just as they tend to miss strong economic booms. Yet recessions don’t just happen out of the blue, they’ve historically been preceded by certain economic conditions. Listen in as Philip Petursson, Chief Investment...