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Economic Update: Consumer Confidence Decline in February | Episode 105 | 02-27-2024

Season 1 Episode 105 Published 2 years, 6 months ago
Description

In our latest episode of Markets with Megan, Chief Investment Officer Megan Horneman addresses the decline in consumer confidence, marking its first drop in four months. Megan examines the report's components, emphasizing the deteriorating view on job prospects and expectations for weaker business conditions and individual incomes over the next six months. When talking about inflation expectations, she notes a slight easing but underscores the persistent concern, with a median view of 4.2 percent. Stay tuned this week for upcoming economic data releases, including the University of Michigan consumer confidence survey and the Fed's preferred inflation measure. For any questions or comments, reach out to us at podcast at Verdence dot com.

Watch today's episode here: https://youtu.be/bVBEevm3YeY

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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