Episode
The era of free money is over: now the math matters.
- Podcast
- The Living Market Podcast
- Published
- May 22, 2026
- Duration seconds
- 635
- Processing state
not_requested
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Summary
The bond market has been sending a message, and equity investors are starting to have to listen. Philip Petursson, Chief Investment Strategist at IG Wealth Management, breaks down what rising long-term government bond yields mean for a stock market that has climbed sharply in value this year. With inflation still elevated, the U.S. Federal Reserve is in a difficult position. Additionally, AI-driven growth remains powerful, but higher rates are forcing investors to reassess risk, future cash flows and the true cost of capital.