Are Consumers Losing Confidence? | S2 E004 | 01-24-25

Markets with Megan: A Quick Financial Markets Update · Jan 24, 2025 · 3m · transcript

Is consumer confidence slipping as we approach 2025? Join CIO of Verdence Capital Advisors, Megan Horneman, as the latest insights from the University of Michigan's final January report is unraveled, which marks the first decline in consumer confidence in half a year. Megan takes a look at the contributing factors, such as the dip in current conditions and future expectations, and how rising inflation concerns are nudging spending habits. With consumers expecting a rise in inflation rates, the ripples could escalate current inflation levels, and it's a scenario the Federal Reserve won't be…