Latest / Markets with Megan: A Quick Financial Markets Update
042: Decoding the ISM Services Report 09-06-23
Join Megan Horneman, our Chief Investment Officer, as she translates complex market trends into digestible insights. Megan dives into the ISM Services Report, an essential economic indicator due to the service sector's significant contribution to the US economy. Uncovering a significant rise in new orders and employment, as well as businesses clearing backlogs, Megan paints a picture of a robust economic standpoint.
However, it's not all smooth sailing. She also delves into the rising prices component of the report, spotlighting its impact on inflation, a persistent headache for the Fed…
The skinny
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