Latest / Markets with Megan: A Quick Financial Markets Update
It's Not All Bad! ISM Report | S2 028 | 04-03-25
🚨 The Service Sector Just Took a Hit – What It Means for You! 🚨
The latest ISM Services report is in, and it's showing signs of major weakness. With the index dropping to 50.8, we’re dangerously close to contraction territory. 📉 What does this mean for inflation? Jobs? The broader economy?
🔍 Key Takeaways:
✅ Prices Paid finally dipped—good news for inflation!
✅ Employment in services is slipping, signaling cracks in the labor market.
✅ New orders & backlog of orders are down, pointing to a slowdown ahead.
While markets are laser-focused on tariffs, this data suggests we might be seeing relief…
The skinny
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