Inflation and Interest Rates in Focus After GDP Report | Episode 126 | 04-25-2024

Markets with Megan: A Quick Financial Markets Update · Apr 25, 2024 · 4m · transcript

Discover the underlying factors that turned the stock market on its head with Megan Horneman, Chief Investment Officer for Verdence Capital Advisors, as she analyzes the latest GDP report in our segment, Markets with Megan. The forecasted economic growth of 2.5% fell short at 1.6%, and Megan dissects the contributing factors, from a significant contraction in net exports to a slowdown in inventory changes. The report's impact didn't stop at disappointing numbers; it sent investors into a frenzy, spiraling into a sell-off and escalating bond yields. Inflation rates rose to a troubling 3.7%…