Episode Details

Can a string of robust retail sales figures foretell the Federal Reserve's next move on interest rates? In this episode, Verdence CIO Megan Horneman recaps November's retail sales report that exceeded expectations for three months in a row. Amidst the holiday shopping frenzy, auto sales and a surge in internet shopping have influenced the retail landscape, while sectors like clothing and department stores lag. This economic snapshot provides insights as the Fed prepares for its pivotal meeting.

Tomorrow’s Federal Reserve meeting could signal the next chapter for interest rates, and Megan breaks down the possibilities. A 25 basis point cut might be on the horizon, but the Fed's balancing act between stimulating the economy and managing inflation is anything but straightforward.

There's a potentially hawkish tone from the central bank, hinting at a pause in rate cuts heading into 2025. Stay tuned and subscribe now to catch our post-meeting analysis.

https://youtu.be/vtDkwYNBxaM

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 c...