Before you make a move, you need to listen closely. Megan Horneman, Chief Investment Officer for Verdence Capital Advisors, is about to decode the latest data from labor markets and consumer confidence. Yes, those job postings have seen a plunge since the pandemic’s end, and the disparity between available and hard-to-get jobs is widening, suggesting a waning labor market. You would appreciate that the last we saw these signs, the unemployment rate had a surprise in store.

But that's not all. Megan takes you through the recent dip in consumer confidence, pegged heavily on the current economic circumstances and the hike in fuel prices. Despite the consumer spending staying robust, these factors might pose a challenge in the second half of the year. Megan's insights will arm you with a robust understanding of current economic trends and their implications for the ordinary consumer. We are all ears for your thoughts and queries at [email protected].

https://youtu.be/CvXrASdXQC8

Disclaimer: material was prepared by Verdence Capital Advisors, LLC (“VCA”). VCA believes the information and data in this document were obtained from sources considered reliable and correct and cannot guarantee either their accuracy or completeness. VCA has not independently verified third-party sourced information and data. Any projections, outlooks
or assumptions should not be construed to be indicative of the actual events which will occur. These projections, market outlooks or estimates are subject to change without notice. This material is being provided for informational purposes only and is not intended to provide, and should not be relied upon for, investment, accounting, legal, or tax advice. Past performance is not a guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance
that the future performance of any specific investment, investment strategy, or product or anynon-investment related content, made reference to directly or indirectly in these materials will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. You should not assume that any
discussion or information contained in this report serves as the receipt of, or as a substitute for, personalized investment advice from VCA. Due to various factors, including changing market conditions and/or applicable laws, the co...