Episode Details

In this episode, Megan discusses the impressive September jobs report, with a whopping 336,000 jobs added to the economy. The gains were led by sectors like Leisure and Hospitality and Education, surpassing economist expectations.

The big question now is how this report might impact the Federal Reserve's decisions. With such strong labor market performance, it's highly likely that interest rates will see another increase before the end of the year. Megan also touches on the recent fluctuations in the bond and equity markets.

But don't jump to conclusions just yet. While a strong labor market could facilitate a soft landing for the economy, there's still significant volatility ahead, especially due to rising interest rates. This could put pressure on consumers, potentially affecting the holiday season.

If you want to learn more or have any questions about the financial landscape, feel free to reach out to us at podcast at verdence.com. Stay informed and stay tuned for more insights from Megan!

https://youtu.be/NnKvG6QEg3U

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...