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Reading the Economic Tea Leaves Through Consumer Confidence | Episode 121 | 04-12-2024

Season 1 Episode 121 Published 2 years, 4 months ago
Description

Megan discusses what's shaking consumer confidence and how it could influence your next financial move as she unpacks the latest University of Michigan Consumer Confidence Report. She breaks down the numbers and the underlying sentiments that signal where the economy might be heading. Megan doesn't hold back in explaining why these figures are more than just statistics—they're a crystal ball that the Federal Reserve and investors alike are watching intently.

With a dip in the equity markets this week, Megan points to disappointing corporate earnings and escalating geopolitical tensions. There are elements intertwined with consumer expectations that, to Megan, forecast potential shifts in spending behavior and could add fuel inflation. This episode is essential listening for anyone looking to stay informed on the latest economic data and the economic indicators that matter most.

https://youtu.be/40PX5PCucPAhttps://youtu.be/40PX5PCucPA

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...

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