Can a single index truly predict economic recessions? Join Megan as she answers this question in our latest episode. This month, the Leading Indicator Index has once again shown a negative trend, marking 27 out of the past 28 months. She unpacks the components behind this month's reading, such as declining ISM new orders, rising jobless claims, the infamous yield curve inversion, and waning consumer sentiment. Despite some positive signals from stock prices and building permits, the negative factors continue to dominate.

She also examines the skepticism surrounding this index's relevance as a recession indicator, particularly given its strong focus on goods in an economy where the service sector remains robust. Tune in as we explore the intricacies of this data and what it signals for our economic future. Don't miss out on this insightful discussion that will leave you better informed about the potential twists and turns in the economy. If you find our analysis valuable, be sure to share, like, and subscribe to Markets with Megan. For more episodes, visit our podcast page at verdece.com/podcasts. 

https://youtu.be/SPjk00xKSO0

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...