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Investor's Guide to the October Jobs Report | Episode 067 | 11-03-23

Season 1 Episode 67 Published 2 years, 10 months ago
Description

Megan Horneman, the Chief Investment Officer at Verdence Capital Advisors, discusses the latest jobs report, a key indicator in the financial world. She goes over the October job figures, which saw 150,000 jobs added and a slight uptick in the unemployment rate to 3.9 percent, and discusses why both stock and bond markets are rallying in response. Megan talks about why the market sometimes interprets "bad news" as a positive sign, indicating the potential pause in interest rate hikes by the Federal Reserve. Megan also focuses on the importance of considering this report as a lagging indicator and explores emerging cracks in the employment market, offering valuable insights for investors.

https://youtu.be/t59byewsE20

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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