Chief Investment Strategist for IG Wealth Management, Philip Petursson, says during a speech last Friday (August 26, 2022), U.S. Federal Reserve Chair, Jerome Powell reminded everyone that words are also a powerful policy tool: Philip says he thinks when the speech warned of “pain ahead,” that Powell knew exactly how markets would react. And the markets did react, with vigour. Listen in as Philp explores how, through the power of speech, Powell may have influenced markets just as effectively as if he hiked interest rates.
About IG Living Market:
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. Each week, join Philip for a five-minute episode as he breaks down current market trends and navigates “The Living Market”.
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