Edward Jones-Financial Advisor: Daniel DeScalzo

For any investors that were looking the 2024 gift horse in the mouth, last week showed some teeth. We don't think the recent pullback should be patently dismissed, but panic is not the proper reaction either.

Weekly market wrap A summary of last week's market highlights and economic news.

The final week of July was a whirlwind, filled with a flurry of earnings reports, three central bank meetings and key labor market data. We look at five key turning points that may define performance in the months ahead.

Weekly market wrap A summary of last week's market highlights and economic news.

After more than 1 ½ years of large-cap growth sectors and the "Magnificent 7" leading the market, what has caused a somewhat sudden rotation away from the tech darlings? We highlight three key elements.

Weekly market wrap A summary of last week's market highlights and economic news.

As we kicked off 2024, one of our 10 key calls for the year was our view that while equity markets would continue to perform well, the market's underlying leadership would rotate, broadening out beyond 2023's Magnificent Seven concentration.

We take a look at how this recently showed up within three key market matchups, and what it may mean for investors' portfolios.

Weekly market wrap A summary of last week's market highlights and economic news.

Check out our midyear review and outlook for the back half of 2024 in our latest Weekly Market Wrap.

Weekly market wrap A summary of last week's market highlights and economic news.

Our latest Weekly Market Wrap discusses a potential silver lining to the cooling economy and how inflation may also be resuming a gradual cooling period. Read on for potential effects on the markets, whether or not we see moderating inflation.

Weekly market wrap A summary of last week's market highlights and economic news.

With the first half of 2024 now in the books, our latest Weekly Market Wrap takes a look at a few notable winners and losers in the markets. Check out our views on what that performance means for the remainder of the year.

Weekly market wrap A summary of last week's market highlights and economic news.

In our latest Weekly Market Wrap, we explore the current state of the consumer, the outlook for spending and the implications for both the economy and the markets.

Weekly market wrap A summary of last week's market highlights and economic news.

The June FOMC meeting and U.S. inflation data were front and center last week, with both offering some positive news for the bulls. Our Weekly Market Wrap highlights potential market opportunities ahead.

Weekly market wrap A summary of last week's market highlights and economic news.

The last time the Fed achieved a soft landing was in 1995 when a successful pivot to rate cuts supported the start of a multi-year rally. Today, investors are hoping to achieve a similar outcome as most central banks are eyeing the start of rate cuts in the months ahead.

In our latest Weekly Market Wrap, we examine the similarities and differences in the macroeconomic backdrop between now and the mid-'90s and offer our views of where the opportunities lie.

Weekly market wrap A summary of last week's market highlights and economic news.

Last week, the Federal Reserve held its March Federal Open Market Committee (FOMC) meeting and press conference and also released an updated set of economic projections. We share our takeaways in our latest Weekly Market Wrap.

Weekly market wrap A summary of last week's market highlights and economic news.

Last week marked the one-year anniversary of the bank crisis that saw the collapse of several regional banks, an episode that roiled financial markets as it sparked memories of banking system challenges in 2008.

In our latest Weekly Market Wrap, we share a few perspectives on what's changed since the bank crisis and what it may mean for the investment landscape ahead.

Weekly market wrap A summary of last week's market highlights and economic news.

This past week, markets digested several datapoints that indicated the U.S. labor market may be showing early signs of fatigue.

In our view, given the ongoing easing in inflation and now more signs of a cooling labor market, the Fed likely remains on track to begin a rate-cutting cycle later this year, perhaps starting around the June meeting.

We share more of our takeaways in our latest Weekly Market Wrap.

Weekly market wrap A summary of last week's market highlights and economic news.

Rising markets and low volatility always rank high on investor's wish lists. In the past four months, we've been fortunate to experience precisely that.

In our latest Weekly Market Wrap, we share five takeaways from February's market performance.

Weekly market wrap A summary of last week's market highlights and economic news.

With the sharp rally sending the S&P 500 to a record high in recent days, you wouldn't think it would be hard for investors to find good news. We think the bull market looks to have runway ahead, but we also know that even the best markets run out of breath occasionally. In this latest installment of the Weekly Market Wrap, we offer three signs that can give investors confidence in the broader outlook for this market.

Weekly market wrap A summary of last week's market highlights and economic news.

Although stocks recovered from a sharp drop after last week's CPI inflation report – and the S&P 500 even approached new all-time highs – investors may be feeling anxious.

Can inflation continue to moderate, as it has over the past year, even in the face of resilient economic growth? Or, is this a start of a trend in the wrong direction?

We share our views in our latest Weekly Market Wrap.

Weekly market wrap A summary of last week's market highlights and economic news.

The S&P 500 crossed the 5,000 milestone, a fresh record high for the index. While 5,000 is an arbitrary number and simply an attention-grabbing psychological threshold, it is symbolic of the market's strength and resiliency in the face of a historically sharp adjustment in interest rates.

With the economy defying expectations for a slowdown and stocks having rallied about 20% over the past three months, investors are wondering what's next. Our latest Weekly Market Wrap shares our views on five common questions.

Weekly market wrap A summary of last week's market highlights and economic news.

All eyes were on the Fed last week, with the market's wagon remaining tightly hitched to the outlook for future monetary policy moves. The Fed kept its policy rate steady, but the primary focus was on the central bank's message that it intends to remain on hold a while longer.

While markets were hoping for a signal that rate cuts were coming sooner, incoming data, including the latest jobs report, continue to offer confidence that the economy is holding up well enough for the Fed to exercise some patience.

In our latest Weekly Market Wrap, we offer our takes on what the latest Fed and employment news means for the markets ahead.

Weekly market wrap A summary of last week's market highlights and economic news.

Over the past week, investors digested two key datapoints that continue to support the case for a soft landing in the U.S.: The S&P PMI data, for both services and manufacturing, were in expansionary territory in January, and fourth-quarter GDP growth exceeded forecasts, coming in at 3.3% annualized, versus expectations of 2.0% growth.

While these datapoints are backward looking, they support the narrative that the U.S. economy was not softening entering the new year. In fact, the data indicates that economic growth accelerated at the end of last year. Meanwhile, inflation also showed signs of moderation as we entered 2024.

Read more of our takeaways in our latest Weekly Market Wrap.

Weekly market wrap A summary of last week's market highlights and economic news.

Despite pushing higher last week, markets in 2024 thus far can best be described as subdued.

In our latest Weekly Market Wrap, we discuss three data points to watch as markets get through a bumpy January.

Weekly market wrap A summary of last week's market highlights and economic news.

"Inflation" and "the Fed" were two of the most used words in financial market commentary in 2023 as the economy continued to navigate an unconventional cycle. The first full trading week of 2024 brought a fresh read on consumer prices and more discussions about how the path of rates might look like.

In our latest Weekly Market Wrap, we offer our take on the debate around the timing of potential rate cuts. Additionally, we share insights into where we see opportunities as markets potentially enter a choppier phase.

Weekly market wrap A summary of last week's market highlights and economic news.

2023 is over, and so too is the stock market's winning streak. After nine straight weeks of gains, the S&P 500 finally took a breather, falling slightly last week.

We'd chalk it up primarily to some beginning-of-the-year repositioning, as well as a to-be-expected break after a stellar 16% rally in the final two months of the year.

Last week brought fresh data on both the Fed and the labor market, and while it failed to fuel an extension to stocks' winning streak, we don't think it changes the broader direction as markets embark on their encore to last year's rebound.

In our latest Weekly Market Wrap, we share a few takeaways on how these important factors are kicking off 2024.

Weekly market wrap A summary of last week's market highlights and economic news.

2023 started with depressed expectations and fears of a recession but ended with optimism and strong performance across most asset classes that make up a well-diversified portfolio.

The change of the calendar presents an opportunity to reflect and review some of the milestones that defined the economy and the markets over the past 12 months, along with our views on the potential implications for 2024.

Read more in our Weekly Market Wrap.

Weekly market wrap A summary of last week's market highlights and economic news.

It was generally a quiet week for the markets in terms of headlines and new data, with markets oscillating day to day, but finishing with a modest move for the week. It's been anything but a quiet year, however.

We think 2024 can build on this year's gains, but not without some bumps along the way. But before we turn the page on the calendar, let's look back at how 2023 stacks up against history. Spoiler: it's in good company. Read more in our latest Weekly Market Wrap.

Weekly market wrap A summary of last week's market highlights and economic news.

Last week's December Federal Open Market Committee (FOMC) meeting proved to be a pivotal one for markets. We highlight three key takeaways that the markets cheered.

Weekly market wrap A summary of last week's market highlights and economic news.

With a few weeks left of 2023, markets remain on track for a strong finish. As the torch passes to 2024, investors are counting on a successful Fed pivot away from restrictive policy to a more neutral stance to build on this year's gains.

In our latest Weekly Market Wrap, we offer three reasons why we see a gradual shift in Fed policy ahead.

Weekly market wrap A summary of last week's market highlights and economic news.

Stocks have been on a comeback tour in 2023, mounting a nearly 20% gain so far this year after a lousy 2022. The latest leg of that tour has been particularly enthusiastic with the market having just closed the books on a banner November.

With stocks now near their highs for the year, this week's Weekly Market Wrap looks at the recent strong performance and why we think the market can maintain good posture next year.

Weekly market wrap A summary of last week's market highlights and economic news.

This past week brought our holiday opportunity to focus on the things we're thankful for. Thanksgiving also marks a turn into the homestretch for the year, so we've dished up a few holiday perspectives on market performance that help set the table for the year ahead.

Weekly market wrap A summary of last week's market highlights and economic news.

Much like finding the perfect water temperature for a relaxing bath, navigating the incoming economic data in markets requires a delicate balance. Too hot, and there is a risk of economic overheating that pushes inflation higher triggering a Fed response. Too cold, and the markets may freeze as recessionary concerns resurface.

So far in November, the temperature has been just right, helping stocks reach a two-month high and placing the October correction in the rear-view mirror.

Ideal conditions don't last forever. But, in our latest Weekly Market Wrap, we share three reasons why the fundamental drivers are broadly moving in a direction we believe supports a positive outlook in 2024.

Weekly market wrap A summary of last week's market highlights and economic news.

Holiday cheer or drear? As we head into year-end and holiday shopping season, there are questions as to whether the consumer can continue to spend at the same robust pace in the months ahead.

In our latest Weekly Market Wrap, we look at three factors that suggest some slowing in consumption ahead, although perhaps not consumers completely shutting down their spending habit.

Weekly market wrap A summary of last week's market highlights and economic news.