Megan Horneman Quoted In CNBC

Megan Horneman, Verdence Capital Advisors CIO, is quoted in CNBC:

“It’s highly inflationary and highly uncertain,” said Megan Horneman, chief investment officer at Verdence. “It could end tomorrow. It could turn into a bigger event. We don’t know that. So in that event, you just have to be well diversified globally in your equity exposure.”

Horneman believes the market environment will remain volatile moving forward given that investors may be “a bit immune” to an “on-again, off-again” dynamic of the conflict. She also said that equities at current levels may not be pricing in the possibility of at least one rate interest rate hike from the Federal Reserve in the second half of 2026.

“This is spilling into an ongoing inflation problem for the remainder of this year,” she said, adding that it’s “not just the oil prices.” While the ongoing investment in artificial intelligence may prove to be disinflationary in the long term, she said, “In the near term, all of this investment, strong [economic] growth, a consumer that keeps spending, this is inflationary.”