Reading the Economic Tea Leaves Through Consumer Confidence | Episode 121 | 04-12-2024

Megan discusses what's shaking consumer confidence and how it could influence your next financial move as she unpacks the latest University of Michigan Consumer Confidence Report. She breaks down the numbers and the underlying sentiments that signal where the economy might be heading. Megan doesn't hold back in explaining why these figures are more than just statistics—they're a crystal ball that the Federal Reserve and investors alike are watching intently.
With a dip in the equity markets this week, Megan points to disappointing corporate earnings and escalating geopolitical tensions. There are elements intertwined with consumer expectations that, to Megan, forecast potential shifts in spending behavior and could add fuel inflation. This episode is essential listening for anyone looking to stay informed on the latest economic data and the economic indicators that matter most.
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