Latest / Markets with Megan: A Quick Financial Markets Update
Powell Spooks Equity Markets | Episode 190 | 11-18-24
In this episode, Verdence CIO Megan Horneman breaks down last week’s market turbulence following comments from the Federal Reserve and new inflation data. After a period of post-election optimism, reality set in as Fed Chair Jerome Powell highlighted the challenges of persistent inflation and the uncertainty surrounding future interest rate cuts. Key economic indicators, including retail sales and housing costs, suggest a slowing consumer and elevated inflation, which could make the Fed cautious about easing monetary policy. Investors saw interest-rate-sensitive sectors, like small caps, take…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.