Episode Details
Back to EpisodesISM Manufacturing Milestone: Growth Signals & Market Impact | Episode 116 | 04-01-2024
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
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