Exploring the Intersection of Market Sentiment and Economic Data | Episode 128 | 04-29-2024

Discover the driving forces behind our fluctuating economy as Megan dissects recent economic indicators and their influence on the markets by unraveling the complexities of the latest GDP report, where personal consumption hits its lowest since Q2 of 2023, The intertwined web of high credit card debt and dwindling savings rates are reshaping consumer spending habits.
The 'magnificent seven' earnings reports have left the markets with good news/bad news—where big names like Meta and Tesla disappointed, while Alphabet and Microsoft exceeded expectations. Investor sentiment is mixed, with a delicate balance of high price-to-earnings multiples in a climate braced for more high interest rates. With more game-changing reports like the ISM manufacturing coming later this week, tune in as we navigate these pivotal updates and their potential ramifications.
https://youtu.be/LOtckemna5M

Disclaimer: material was prepared by Verdence Capital Advisors, LLC (“VCA”). VCA believes the information and data in this document were obtained from sources considered reliable and correct and cannot guarantee either their accuracy or completeness. VCA has not independently verified third-party sourced information and data. Any projections, outlooks
or assumptions should not be construed to be indicative of the actual events which will occur. These projections, market outlooks or estimates are subject to change without notice. This material is being provided for informational purposes only and is not intended to provide, and should not be relied upon for, investment, accounting, legal, or tax advice. Past performance is not a guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance
that the future performance of any specific investment, investment strategy, or product or anynon-investment related content, made reference to directly or indirectly in these materials will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. You should not assume that any
discussion or information contained in this report serves as the receipt of, or as a substitute for, personalized investment advice from VCA. Due to various factors, including changing market conditions and/or applicable laws, the co...