Latest / Markets with Megan: A Quick Financial Markets Update
Investor's Guide to the October Jobs Report | Episode 067 | 11-03-23
Megan Horneman, the Chief Investment Officer at Verdence Capital Advisors, discusses the latest jobs report, a key indicator in the financial world. She goes over the October job figures, which saw 150,000 jobs added and a slight uptick in the unemployment rate to 3.9 percent, and discusses why both stock and bond markets are rallying in response. Megan talks about why the market sometimes interprets "bad news" as a positive sign, indicating the potential pause in interest rate hikes by the Federal Reserve. Megan also focuses on the importance of considering this report as a lagging indicator…
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