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Thanksgiving Economics: An Optimistic Look at Decreased Holiday Costs | Episode 76 | 11-21-23

Season 1 Episode 76 Published 2 years, 9 months ago
Description

In today's special Thanksgiving episode of Markets with Megan, we're taking a moment to express gratitude for some positive economic and asset class developments this year.  We're excited to share that the cost of a Thanksgiving meal this year has declined, according to the American Farm Bureau. Equities have rebounded significantly compared to last year, with the S&P 500 up about 20% year to date. While inflation remains a concern, it has eased from last year, and travel expenses have become more budget-friendly, with airfare down 13%, car rentals down 10%, and gasoline prices dropping by 25 cents compared to last year. Commodity prices, including natural gas, have softened as well compared to this time last year. As you gather around the Thanksgiving table, we hope you enjoy the company around you and have a great Holiday! If you have any comments or feedback, reach out to us at podcast at Verdence dot com, thank you!

https://youtu.be/S9esFgv9k1M

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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