Latest / Markets with Megan: A Quick Financial Markets Update
Too Soon to Call the Bottom? | Episode 162 | 08-09-24
Is it too soon to call the bottom? Megan Horneman, Chief Investment Officer of Verdence Capital Advisors gives follow-up to Monday's sell of and what that means moving forward. "We think it's too early to call this bottom", stating that volatility is not behind us.
Reason being? Economic data was light this week, a recession is still on the table due to the prices paid component spike, treasury auctions were weak, it's the season for pullbacks, and earnings still need to come down. There's still plenty to see and we don't think it's over.
While Markets with Megan won't have new episodes next…
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