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ISM Manufacturing Milestone: Growth Signals & Market Impact | Episode 116 | 04-01-2024

Season 1 Episode 116 Published 2 years, 5 months ago
Description

In today’s episode, Megan Horneman, Chief Investment Officer, discusses the latest developments in the manufacturing sector. After 17 months, we finally see a significant shift as the ISM Manufacturing Index enters expansion territory, marking a pivotal moment for the economy. Megan breaks down the key components driving this growth, including production and new orders, while also addressing concerns about inflationary pressures and their impact on market sentiment. As we navigate through this data, stay tuned for upcoming reports throughout the week, including the services report and the monthly jobs report. For further insights or inquiries, don't hesitate to contact us at podcast at Verdence dot com.

https://youtu.be/9iQ1oC9KDh4

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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