Inflation Headlines Are Misleading Investors | S2 E055 | 06-27-25
Today's market headlines about inflation being subdued don't tell the full story. Core PCE, the Fed's preferred inflation gauge, came in hotter than expected at 2.7% year-over-year, moving further from the Fed's target.• Core PCE rose to 2.7% year-over-year, above expectations of 2.6% and higher than last month's 2.5%• Inflation impacts from tariffs haven't shown up in the data yet but likely will in coming months• Fed is staying on hold until they get clarity on tariffs and what companies are passing on to consumers• Today's market rally likely reflects optimism about potential trade deals rather than inflation data• Personal spending and income fell dramatically while consumer confidence rose• Consumer inflation expectations were better than expected but remain historically elevated• Next week brings major economic data including ISM manufacturing and the jobs reportIf you like this podcast, please subscribe, hit that alarm bell, and share it with friends, family, or colleagues. You can see a history of this podcast at http://MarketsWithMegan.fm.https://youtu.be/Ub47C6mJFz4Disclaimer: 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...
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