Latest / Markets with Megan: A Quick Financial Markets Update
Leading Economic Indicator Index Shows Continuous Decline | Episode 075 | 11-20-23
In today's episode of Markets with Megan, Chief Investment Officer Megan Horneman discusses the leading economic indicator index, revealing a concerning 19-month consecutive decline. She talks about components such as manufacturing orders and consumer confidence declining. Megan also focuses on the historical rarity of this extended downturn without triggering a recession. She believes the first half of 2024 will be challenging, suggesting an unavoidable recession may be necessary to curb inflation.
https://youtu.be/UrVFM_AUuZ4
Disclaimer: material was prepared by Verdence Capital Advisors…
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