Latest / Markets with Megan: A Quick Financial Markets Update
Economic Update: Consumer Confidence Decline in February | Episode 105 | 02-27-2024
In our latest episode of Markets with Megan, Chief Investment Officer Megan Horneman addresses the decline in consumer confidence, marking its first drop in four months. Megan examines the report's components, emphasizing the deteriorating view on job prospects and expectations for weaker business conditions and individual incomes over the next six months. When talking about inflation expectations, she notes a slight easing but underscores the persistent concern, with a median view of 4.2 percent. Stay tuned this week for upcoming economic data releases, including the University of Michigan…
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