AI Spending Is Booming. Will the Fed Raise Rates?

AI-related capital spending continues to support the U.S. economy, and the latest durable goods report reveals surprising strength beneath the headline numbers. But could stronger economic growth give the Federal Reserve another reason to raise interest rates?

In today's Markets with Megan, Verdence Capital Advisors CIO Megan Horneman reviews August's durable goods orders, the surge in business investment, and what the latest economic data could mean for third-quarter GDP, inflation and the Fed's October meeting.

- Why aircraft orders weighed on the headline durable goods report.
- How underlying orders rose more than 1% in August and 14.8% year over year.
- The role of AI-related investment in machinery, computers, metals and electrical equipment.
- Why the Atlanta Fed's GDPNow estimate is tracking third-quarter growth above 5%.
- What strong economic data could mean for interest rates, inflation and financial markets.

Can the AI investment boom continue supporting economic growth without reigniting inflation?

Subscribe to Markets with Megan for timely insights into the economic data moving financial markets.

Visit: https://marketswithmegan.fm

#MarketsWithMegan #AIInvesting #GDP #FederalReserve #InterestRates #EconomicOutlook #DurableGoods #CapitalSpending

 https://youtu.be/mQRDi4jzr38

Disclaimer:  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 c...