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October's Consumer Price Index: Lower Inflation Impact | Episode 071 | 11-14-23

Season 1 Episode 71 Published 2 years, 9 months ago
Description

In the latest episode of Markets with Megan, Verdence Capital Advisors' Chief Investment Officer, Megan Horneman, provides her insights on the October Consumer Price Index release. The report revealed lower-than-expected inflation, with the headline CPI remaining flat for the first time since July 2022. Megan talks about the decline in vehicle prices, used cars, airfares, and a significant drop in gasoline prices as contributors. Both stock and bond markets responded positively, signaling the market's confidence that the Federal Reserve may maintain its current stance in December without further adjustments. She also focuses on the ongoing need for progress in addressing persistent challenges, in areas like sticky inflation related to wages and services.

https://youtu.be/8GbWBw9nS1o

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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