Megan Horneman on Recessionary Fears, Fed Rate Cuts, and Active Management

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.You can learn more about Megan and Verdence Capital Advisors at https://verdence.com/ and https://www.youtube.com/@verdence.🎓 Take Dave’s FREE course on behavioral investing: https://www.marketmisbehavior.com/freecourse📘 Check out Dave’s recommended reading list: https://www.marketmisbehavior.com/readinglist👉  Follow Dave on X: https://x.com/DKellerCMT👉  Follow Dave on Bluesky: https://bsky.app/profile/dkellercmt.bsky.social👉  Follow Dave on Facebook: https://www.facebook.com/marketmisbehavior👉  Follow Dave on Instagram: https://www.instagram.com/marketmisbehaviorThe content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice.