Megan Horneman on Market Misbehavior Podcast with David Keller, CMT
In the 45th episode of the Market Misbehavior podcast, Dave speaks with Megan Horneman, Chief Investment Officer at Verdence Capital Advisors. Megan shares how active managers can evaluate the potential impact of tariffs and recessionary pressures, why diversification is so important during periods of elevated volatility, valuations for growth vs. value stocks, and which economic indicators are most valuable to watch as we enter another Fed rate cut cycle. Recorded 5/6/25.
0:00 Introduction
3:56 Sustainability of gains off April 2025 low
7:29 Earnings season and forward looking guidance amidst tariff concerns
9:42 Valuations for growth vs. value stocks
12:04 Managing through periods of elevated volatility through diversification
14:05 Gold and precious metals for asset allocation
16:00 Inflationary pressures and most important economic indicators to watch
18:49 Fed meeting and the pace of potential rate cuts through 2025
21:29 Slowing economy, negative GDP, recessionary fears, and active management
26:12 Final comments
You can learn more about Megan and Verdence Capital Advisors at:
https://verdence.com/ and 
/ @verdence .
And see Megan’s podcast at www.MarketsWithMegan.FM
Read More »
