Markets with Megan: A Two-Minute Financial Markets Update

Leading Indicator Index: Challenging Expectations | Episode 085 | 12-21-2023


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In today's episode, Chief Investment Officer Megan Horneman, takes a look into the latest economic data. Megan discusses data on various indicators, including jobless claims, GDP, and Empire Manufacturing, with a focus on the significant Leading Economic Indicator Index. Highlighting the 20th consecutive month of negative readings, she explores the prolonged negativity in the index amid overall market optimism. Despite weak areas in the economy for November, such as the work week, jobless claims, and consumer confidence, Megan reflects on the historical context of the index, challenging expectations.  For questions or discussions, reach out to the podcast at Verdence dot com. 

https://youtu.be/WEtLF15kgks

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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