The surge in equity markets has not stemmed from a significant change in the geopolitical conflict, but rather due to a major drop in interest rates. Our Chief Investment Officer, Megan Horneman,  offers expert insights and analysis.

Megan covers the latest economic data, the NFI Small Business Optimism Index that hit a four-month low in September. She draws a parallel to the SVP Bank collapse, highlighting the declining confidence among consumers and business owners alike. It's a signal of economic headwinds for the rest of the year. Stay tuned for more economic and market data throughout the week.

https://youtu.be/uxABnziTecg

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...