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Philip Petursson, Chief Investment Strategist, IG Wealth Management, explores the fourth and final pillar of our 2026 market outlook: the wealth effect wave. He says that rising equity markets and the spending patterns of the wealthiest Americans continue to drive economic expansion. He also says consumer discretionary stocks signal economic strength and shares what disciplined investors should focus on as they navigate the markets in the year ahead.
By IG Wealth ManagementPhilip Petursson, Chief Investment Strategist, IG Wealth Management, explores the fourth and final pillar of our 2026 market outlook: the wealth effect wave. He says that rising equity markets and the spending patterns of the wealthiest Americans continue to drive economic expansion. He also says consumer discretionary stocks signal economic strength and shares what disciplined investors should focus on as they navigate the markets in the year ahead.

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