# Why the markets are smashing through the usual roadblocks

Page: https://stenobird.com/podcast/the-living-market-podcast-5452426/why-the-markets-are-smashing-through-the-usual-roadblocks
Text version: https://stenobird.com/podcast/the-living-market-podcast-5452426/why-the-markets-are-smashing-through-the-usual-roadblocks.md
Podcast: [The Living Market Podcast](https://stenobird.com/podcast/the-living-market-podcast-5452426)
Published: 2026-05-28T11:21:57+00:00
Episode link: https://thelivingmarket.podbean.com/e/why-the-markets-are-smashing-through-the-usual-roadblocks/
Audio file: https://growx.podkite.com/https/PKgih3hzno/mcdn.podbean.com/mf/web/6viyrck9cdr5vafz/Living_Market_EP209_ENGbhduq.mp3
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Duration seconds: 422

## Resource

The stock market is doing something unusual: rising steadily while consumers feel worse than they have at any point in recorded history, and most of the usual warning signs are flashing. Ashish Utarid, Assistant Vice-President, Investment Strategy at IG Wealth Management, breaks down the artificial intelligence concentration story driving U.S. markets and why 10 companies now account for roughly 40% of the entire index. He explains why this rally deserves respect but not blind faith, and why a truly diversified portfolio today means owning more than one version of the same trade.

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## Transcript

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