Markets with Megan: A Two-Minute Financial Markets Update

Is the Service Sector Slowing? | S2 E009 | 02-05-25


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The latest ISM Services Index just dropped, and it’s showing signs of a slowdown in the service sector. 📉 Since Americans spend most of their money on services, not goods, this could be a major inflation indicator—and a big factor in the Fed’s next move. Markets are rallying on hopes that this weak report means rate cuts are coming, but is it too soon to celebrate?

🔥 Key Takeaways:
✅ ISM Services Index fell—does this signal a real slowdown?
✅ Inflation within the service sector—finally cooling off?
✅ Markets are cheering, but should they be?
✅ What’s next? The big January jobs report drops Friday.

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#InterestRates #Inflation #StockMarket #Economy2024 #FederalReserve #podcast #MarketInsights #Stocks #ServiceSector


https://youtu.be/4a4SwYzPh1g

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...

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Markets with Megan: A Two-Minute Financial Markets UpdateBy Megan Horneman

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