Latest / Markets with Megan: A Quick Financial Markets Update
Retail Sales Report: Looking into Consumer Spending | Episode 72 | 11-15-23
Megan Horneman, Chief Investment Officer at Verdence Capital Advisors, breaks down the October Retail Sales Report. Megan focuses on a notable slowdown in consumer spending, particularly on big-ticket items like automotive and furniture. However, while some sectors like electronics and food still show strength, she cautions viewers about the unadjusted nature of these figures. As we approach the holiday season, Megan talks about how the report could suggest challenges for consumers.
https://youtu.be/5Fh5hw1gqD4
Disclaimer: material was prepared by Verdence Capital Advisors, LLC (“VCA”). VCA…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.