{"podcast":{"title":"The Living Market Podcast","slug":"the-living-market-podcast-5452426","podcast_index_feed_id":5452426,"rss_url":"https://feed.podbean.com/thelivingmarket/feed.xml","website_url":"https://thelivingmarket.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/14245949/MicrosoftTeams-image_10__w9g2hg.png","author":"IG Wealth Management","episode_count":100,"summary":"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. Join Philip as he navigates The Living Market.","last_synced_at":"2026-07-30T10:18:40.897022+00:00","page_url":"https://stenobird.com/podcast/the-living-market-podcast-5452426"},"episode":{"title":"Valuation is a thermometer, not a clock","slug":"valuation-is-a-thermometer-not-a-clock","published_at":"2026-07-23T21:29:31+00:00","page_url":"https://stenobird.com/podcast/the-living-market-podcast-5452426/valuation-is-a-thermometer-not-a-clock","show_page_url":"https://stenobird.com/podcast/the-living-market-podcast-5452426","url":"https://thelivingmarket.podbean.com/e/valuation-is-a-thermometer-not-a-clock/","audio_url":"https://growx.podkite.com/https/PKgih3hzno/mcdn.podbean.com/mf/web/x8defdqfsa7v57ui/Living_Market_EP217_ENGbo104.mp3","summary":"Astronomers predicted the April 2024 solar eclipse to the second. Not one of them can tell you what the S&P 500 will do next Tuesday. That gap, says Philip Petursson, Chief Investment Strategist at IG Wealth Management, is the point. Right now, the CAPE ratio, a widely followed measure that compares the total value of the U.S. stock market against the size of the U.S. economy, is at an all-time high, and the headlines are getting louder. Philip explains why that number is less alarming than it sounds, why measures like this are reliable guides for long-term returns but almost useless when predicting short-term market movements, and what valuation is genuinely useful for.","meta_description":"Astronomers predicted the April 2024 solar eclipse to the second. Not one of them can tell you what the S&P 500 will do next Tuesday. That gap, says P…","key_points":[],"chapters":[],"topics":[],"duration_seconds":416,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-living-market-podcast-5452426/episodes/valuation-is-a-thermometer-not-a-clock/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-living-market-podcast-5452426/valuation-is-a-thermometer-not-a-clock.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}