Latest / Markets with Megan: A Quick Financial Markets Update
Is the Service Sector Slowing? | S2 E009 | 02-05-25
The latest ISM Services Index just dropped, and it’s showing signs of a slowdown in the service sector. 📉 Since Americans spend most of their money on services, not goods, this could be a major inflation indicator—and a big factor in the Fed’s next move. Markets are rallying on hopes that this weak report means rate cuts are coming, but is it too soon to celebrate?
🔥 Key Takeaways:
✅ ISM Services Index fell—does this signal a real slowdown?
✅ Inflation within the service sector—finally cooling off?
✅ Markets are cheering, but should they be?
✅ What’s next? The big January jobs report drops…
The skinny
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