The U.S. economy just sent a warning signal. ⚠️ 

In this episode of Markets with Megan, Megan Horneman breaks down the ISM Services Index report for May—and it's not pretty. For the first time in 11 months, the index dropped below 50, indicating contraction in the critical U.S. services sector.

🔍 What does this mean for the markets?
⚠️ Is a recession back on the table?
💼 How will this impact the Fed’s next move?

Megan walks you through the key indicators, the market reaction, and what investors should watch next. 📊 Stay informed. Stay ahead.

👇 Hit subscribe and tap the bell for weekly macro insights that matter.
See all episodes at www.MarketsWithMegan.FM

#economy #marketswithmegan #ismservices #recession #usmarkets #inflation #federalreserve #interestrates #stockmarketnews #economicupdate

https://youtu.be/OofWGzfybkc

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...

Personal income is rising faster than expected, but inflation? Not so much. In this episode of Markets with Megan (Friday, May 30th), Megan Horneman breaks down the latest economic data, including personal income, spending, and the Fed's favorite inflation measure: the PCE index.

📊 Key topics:

- May's inflation report (PCE Index)
- Income and spending trends
- Why tariffs haven’t caused inflation (yet)
- What it all means for the Fed and interest rates

📉 Is the consumer still strong? Will inflation stay contained? And how should investors respond?

👉 Hit subscribe, tap the notification bell, and share this episode with friends, family, or colleagues who follow the markets.

🎧 For the full archive, visit www.MarketsWithMegan.FM

#MarketsWithMegan #Inflation #PersonalIncome #Tariffs #PCE #FederalReserve #EconomicUpdate #Investing

https://youtu.be/B02evqSk0PA

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...

📉 The economy just took another hit. In this episode of Markets with Megan, we unpack the revised Q1 GDP numbers, and it's not exactly good news. GDP contracted by 0.2%, slightly better than the original -0.3%, but still a sign of a slowing economy.

🔍 We break down:
- Why consumer spending was revised downward
- What weaker growth could mean for the Federal Reserve
- How markets are reacting to the latest economic data

💬 Megan explains why the bond market and interest-rate-sensitive sectors are watching these numbers closely.

👍 Like, share, and subscribe for more daily insights on the economy and markets.

🔔 Don’t forget to hit the bell so you never miss an update!

📊 Want to catch up on past episodes? Visit marketswithmegan.fm

#GDP #EconomicUpdate #MarketsWithMegan #RecessionFears #ConsumerSpending #FederalReserve #InterestRates #InvestingInsights

https://youtu.be/erb5_GiRiQo

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...

Consumer confidence just had its biggest jump since COVID. What does that mean for the markets?

In this episode of Markets with Megan, we break down the May Consumer Confidence Report from the Conference Board — and the data is overwhelmingly positive.

📈 Highlights Include:
• Biggest point gain in confidence since May 2020 (present) and 2009 (future expectations)
• Inflation expectations drop from 7% to 6.5%
• Consumers plan to spend more on vacations, homes, cars, and appliances
• Income optimism at its highest since September 2020
• One slight red flag: labor market confidence dips

📊 Why does it matter? This report could signal a shift in economic sentiment and consumer behavior that directly impacts stock market trends, spending patterns, and Fed decisions.

✅ Like this content? Don’t forget to subscribe, hit the bell, and share with your network.

🔗 Explore more episodes and insights: www.MarketsWithMegan.FM

#EconomicUpdate #InflationNews #InvestingInsights #USMarkets #FinancePodcast #MarketTrends #MarketInsights #Investing
#ConsumerSpending

https://youtu.be/UM9b-S-wgMY

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...

The U.S. housing market just hit a new low. In this episode of Markets with Megan, Verdence CIO Megan Horneman breaks down the shocking April home sales data—revealing the worst April for existing home sales since 2009, during the depths of the Great Recession.

📉 Sales fell for the fourth time in five months, driven by weak demand, high interest rates, and uncertain buyer sentiment. Megan explains what this means for the broader economy, mortgage markets, and your investments.

🏡 Topics Covered:
- April housing market report breakdown
- Why home sales are collapsing
- How interest rates are impacting buyers
- What this signals for the second quarter GDP
- Implications for real estate and equity investors

If you're an investor, homeowner, or real estate follower—you don't want to miss this one.

👉 Subscribe and hit the bell so you never miss a market update.
👉 See all episodes at www.MarketsWithMegan.FM

#housingmarket #recession #realestate #interestrates #economy #MarketsWithMegan #financialnews #homebuyers #GDP #inflation 

https://youtu.be/Epe7M6kQfrQ

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...

📉 Volatility is back! In this episode of Markets with Megan, we break down the Treasury market's wild ride and what it means for your investments. Moody's has officially downgraded U.S. Treasury debt, sending yields soaring and creating major pressure on equity markets, especially tech, real estate, and utilities.

👉 What triggered this market shake-up?
👉 Why are 10-year and 30-year bond yields rising fast?
👉 How will Capitol Hill’s Tax Cuts and Jobs Act debate impact Treasury demand?

Megan Horneman shares insight on how to navigate this market turbulence, where to focus in the bond market, and why short-to-intermediate bonds might be your safest bet.

⏰ Don't miss this essential episode!

📌 Subscribe for real-time market commentary: https://marketswithmegan.FM
📈 Listen on Apple Podcasts & Spotify or wherever you enjoy podcasts!

#BondYields #TreasuryMarket #MarketsWithMegan #InterestRates #StockMarketUpdate #USDebtCrisis #Inflation #InvestingTips #FinancePodcast

https://youtu.be/yl3Zj-zbfO0

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...

📉 Consumer Confidence Just Collapsed—And Inflation Expectations Are Skyrocketing

In this episode of Markets with Megan, Verdence CIO Megan Horneman breaks down the University of Michigan’s preliminary consumer sentiment data for May, and the message is loud and clear: consumers are worried. REALLY worried.

🧠 Key highlights from the episode:
• Consumer expectations index plunges to the lowest level since 1980
• Current conditions sentiment hits lowest since June 2022
• Inflation expectations for 1 year spike to 7.3%, the highest since 1981
• Long-term inflation expectations rise to 4.6%—highest since 1991
• What this means for the Fed’s next move on interest rates

⚠️ This data signals a dangerous dynamic: a fearful consumer expecting inflation to worsen could unintentionally drive prices higher, forcing the Fed into a policy corner.

🎧 Like what you hear?
✅ Subscribe for weekly market breakdowns
🔔 Hit the bell to never miss an update
📤 Share this episode with your network

📚 Past episodes: https://marketswithmegan.FM

#ConsumerConfidence #InflationExpectations #UniversityOfMichigan #MarketsWithMegan #FedRateCuts #EconomicOutlook #InflationCrisis #RecessionWarning #MeganHorneman #FinancialPodcast #USEconomy #InterestRates #BondYields

https://youtu.be/I93mACiwA0E

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...

📉 CRACKS IN THE CONSUMER?

Here’s what the April retail sales data just revealed—and why markets are watching closely.

In this episode of Markets with Megan, Megan Horneman breaks down the April retail sales report and uncovers signs that the consumer—who powers the bulk of U.S. GDP—might be starting to weaken. From auto and clothing sales slumping to the all-important control group declining for the fourth time in seven months, the signs are subtle, but significant.

📌 Topics Covered:
- The April retail sales surprise: what rose, what fell
- Why the “control group” decline matters for GDP
- Sectors showing cracks in consumer demand
- Are consumers reacting to tariff fears?
-Implications for Q2 growth and the Fed’s next move

💡 Is this the start of a broader slowdown, or just a pause? Megan shares her insights

👍 Like what you hear? Subscribe and hit the bell to stay informed on the latest market moves!

🎧 Listen to past episodes: https://marketswithmegan.FM
💬 Have thoughts? Drop your questions in the comments!
📨 Share this with a friend or colleague who’s watching the markets.

#RetailSales #ConsumerSpending #MarketsWithMegan #GDP #FederalReserve #FedRateCut #InterestRates #EconomicData #USEconomy #StockMarketUpdate #FinancialPodcast #InvestingInsightshttps://youtu.be/EqvOg4a_mc8

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...

📉 Housing Market Just Flatlined Again. Homebuilder sentiment plummets to the lowest level since 2023 - and the outlook isn’t getting better.

In this episode of Markets with Megan, Megan Horneman breaks down the latest National Association of Home Builders (NAHB) Sentiment Index and what it’s telling us about the housing market. Spoiler: it’s not good.

🏚️ The key metric? Prospective buyer traffic collapsed to levels well below historic norms, signaling major hesitation from would-be homeowners, even with slightly lower mortgage rates.

📌 Key Takeaways:
- NAHB index drops to 34—worst since 2023 and well below average
- Buyer traffic index hits just 23 vs. a historical average of 40
- Mortgage rates remain elevated, keeping demand subdued
- The South and West are dragging the housing recovery
- What this means for broader economic sentiment

📊 With affordability still squeezed and consumer confidence waning, what’s next for real estate, rates, and recession risk?

👍 If you find this insight helpful, please like, subscribe to get weekly updates on the markets.

🎧 Past episodes: https://marketswithmegan.FM
📤 Share this with your network to stay ahead of the curve!

#HousingMarket #RealEstateCrash #MortgageRates #NAHB #HomebuilderSentiment #MarketsWithMegan #ConsumerConfidence #BuyerTraffic #USHousing #RecessionRisk #FinancialPodcast #InvestingNews

https://youtu.be/QXrcVXQrT-0

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...

🚨 INFLATION DATA ALERT! 

In this episode of Markets with Megan, we break down the April CPI report and explain why the markets are breathing a sigh of relief. Despite expectations, tariffs haven’t shown up in the inflation data—yet. Is this a green light for the Fed to stay put? Or just the calm before the storm?

📉 CPI came in slightly weaker than expected—find out what sectors are driving the shift and how equities are reacting.

🔎 What we cover:

- The latest CPI data and what it tells us about inflation trends
- Why tariffs haven't hit prices yet
- What this means for the Fed’s next rate decision
- Sector-by-sector breakdown of market performance

📊 If you care about interest rates, inflation, and smart investing—this one’s for you.

✅ Don’t forget to like, subscribe, and hit the bell 🔔 to stay updated.

📩 Share this with friends, colleagues, and anyone who wants to stay sharp on market trends.

📍 Listen to more episodes: https://marketswithmegan.FM
💬 Got questions? Drop them in the comments below!

#CPI #Inflation #MarketsWithMegan #InterestRates #Tariffs #InvestingNews #StockMarketToday #FederalReserve #MarketUpdate #FinancialPodcast

https://youtu.be/j_MM3kCaUrY

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...