On this episode of Markets with Megan, economic insights that could influence your investment strategies as Megan Horneman, Chief Investment Officer at Verdence Capital Advisors, breaks down the  findings of the latest ISM Manufacturing Report. With the manufacturing sector showing signs of contraction for a record-breaking 16 months, we're analyzing what this means for the economy's health and a potential recession. Megan discusses the concerning downturn in new orders and the parallels in employment levels to those seen during the challenging days of the pandemic.

As the economy slows, inflation continues to loom, posing a challenge to both the markets and the Fed's monetary policy. Megan explains the unexpected reversal in the prices paid component, which suggests inflation pressures remain persistent despite broader economic headwinds. This episode is an essential listen for anyone looking to stay ahead in these changing economic times, providing a comprehensive look at the confluence of manufacturing woes and inflationary challenges.

Watch today's episode here: https://youtu.be/0O0MhTIcMbg

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