041: Deciphering Labor Market Trends and Consumer Confidence 08-29-23

Markets with Megan: A Quick Financial Markets Update · Aug 30, 2023 · 2m · transcript

Before you make a move, you need to listen closely. Megan Horneman, Chief Investment Officer for Verdence Capital Advisors, is about to decode the latest data from labor markets and consumer confidence. Yes, those job postings have seen a plunge since the pandemic’s end, and the disparity between available and hard-to-get jobs is widening, suggesting a waning labor market. You would appreciate that the last we saw these signs, the unemployment rate had a surprise in store.

But that's not all. Megan takes you through the recent dip in consumer confidence, pegged heavily on the current economic…