Today, Megan provides insights into the recent small business optimism survey. Unfortunately, optimism has seen a slight dip in August, affecting sentiment not only concerning the economic outlook but also expectations for earnings and higher sales. However, there's a significant and unexpected development in the survey - an increase in sentiment regarding higher selling prices.

For the past eight months, selling prices had been on a declining trend, but August marked a turning point with an increase in selling prices. Megan highlights that this is a development that the Federal Reserve is likely to monitor closely, particularly if it has implications for inflation data. The team at Verdence Capital Advisors will be vigilant in tracking this trend in the coming months.

If you have any questions or comments about this episode, please don't hesitate to reach out to us at podcast at verdence dot com. Thank you for joining us for this episode of "Markets with Megan."

About the host, Megan Horneman

As Chief Investment Officer at Verdence Capital Advisors, Megan Horneman brings a wealth of experience to "Markets with Megan." She leads Verdence’s research team, sets the firm's economic outlook, and directs strategic asset allocation for client portfolios. Megan is a reliable voice in financial media and is regularly featured on Fox Business, CNBC, Bloomberg, and Yahoo Finance. With over a decade at Deutsche Bank as a Senior Investment Strategist and roles on global investment committees, she delivers insights into market trends with clarity and depth.