Episode Details

In this episode of "Markets with Megan" by Verdence Capital Advisors, Megan provides a comprehensive update on a busy day in the world of economic data. She starts with insights into the labor market, where initial jobless claims fell below 200,000 last week. Megan then discusses the much-anticipated speech from Federal Reserve Chairman Jerome Powell at the Economic Club of New York, which shed light on the Fed's stance on interest rates. She talks about how this has influenced the market and suggests that we should not expect a rate cut anytime soon. 

https://youtu.be/glxKp0tUsYw

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...