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.
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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