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Fed's Inflation Goals in Sight: PCE Inflation and Market Outlook | Episode 094 | 01-26-24

Season 1 Episode 94 Published 2 years, 7 months ago
Description

In today's segment, Megan Horneman, Chief Investment Officer, discusses the latest PCE inflation data. Megan breaks down the numbers, discussing the month-over-month growth of 0.2% and the year-over-year figure of 2.9%, just below the Fed's 3% target. She highlights the positive trend toward the Fed's inflation goal but suggests there could be potential volatility ahead, citing factors like developments in the Red Sea and robust economic growth. The market's response has been positive, with equity markets reflecting optimism. Next week's economic highlights include the FOMC meeting, January jobs report, ISM data, and key earnings reports. For questions or comments, reach out to us at podcast at Verdence dot com. Thank you, and go Ravens!

Watch today's episode here: https://youtu.be/gNg-hXS5xHc

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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