Latest / Markets with Megan: A Quick Financial Markets Update
Service Sector Spotlight: Key Indicators from ISM Services Report | Episode 108 | 03-05-2024
In this episode of Markets with Megan, Megan Horneman, Chief Investment Officer at Verdence Capital Advisors, looks into the recently released ISM Services Report for February. Despite a slight slip in the index, it has remained in expansion territory for 14 consecutive months. Megan breaks down key aspects, such as the decline in prices paid, indicating a positive trend for inflation, and the noteworthy improvement in business activity and new orders. However, she notes a mixed bag of results, highlighting weakened components like employment, new export orders, and new import orders.
Megan…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.