Edward Jones - Financial Advisor: Scott Silvester

Stocks have made a less-than-pleasant round trip this summer. Major indexes entered a bear market in June, rebounded sharply in July, and are on track to finish flat in August, returning to where they were three months ago. Because some of the worst-case-scenario risks have recently diminished, we think the direction of travel since the midsummer lows is justified. But strong headwinds to growth will remain, which is why we continue to expect a more bumpy and prolonged market recovery to the prior highs. With the Fed's Jackson Hole meeting marking the last major market event before the summer ends, we take a look at what's changed, what hasn't, and what the evolving conditions may mean for the road ahead.

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

High inflation and rising interest rates have prompted recession worries, yet a healthy labor market and recent declines in prices at the pump have helped ease fears and lift the stock market recently. This week we take a look at the state of the consumer and the outlook for household spending, which will play a key role in the path ahead for the economy and markets.

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

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Last week we saw both CPI and PPI inflation move lower. However, inflation remains elevated compared to almost any period in history, and we would expect the Federal Reserve to continue to push rates higher in this backdrop. Nonetheless, investors cheered this first step in the right direction, and if inflation continues to moderate consistently, markets could be poised for a more sustained rally towards the back half of this year or early 2023.

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

Equity markets have staged an impressive rally since the mid-June lows aided by weaker commodity prices, easing inflation expectations, and lower bond yields. With last week's impressive job gains suggesting that the Fed has to stay aggressive in its fight against inflation, further gains might be more difficult to achieve, and markets could be entering a choppy phase in the months ahead. Yet, the worst of the valuation declines might be behind us. We see three potential future paths for the U.S. economy and financial markets and offer our take on the blockbuster July jobs report.

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

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Markets faced a triple-whammy of data this week, between the Fed meeting, GDP data, and big-tech earnings reports. The common message among all seems to be that growth is slowing, but Fed rate hikes may be as well. Read our Weekly Wrap for more!

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

The stock market has found some footing recently, rallying off of the June lows even as fears of a recession have remained in the forefront. In our latest Weekly Market Wrap, we look at the recent rally in stock prices and what it may tell us about the path ahead for investors.

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

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Inflation and central bank policy were in the driver's seat last week. The stronger than expected rise in consumer prices in June pushed headline inflation to 9.1%, a new 40-year high, suggesting that the Fed has more work to do. In this week's market wrap we offer our take on the latest data and discuss how markets might already be looking past the inflation peak and shifting their focus on growth.

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

Our investment strategist Mona Mahajan discussed how markets are adjusting to forecasts with the Fed rate hike decision, rising global commodity prices, and inflation.

Inflation: Global commodity prices are 'harder to handicap,' strategist says Edward Jones Senior Investment Strategist Mona Mahajan joins Yahoo Finance Live to how markets are adjusting to forecasts on tomorrow's Fed rate hike decision, rising global commodity prices, and inflation.

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In this Market Pulse commentary, Sloane Marshall, Associate Analyst, explains how increased consumer leverage and rapidly rising interest rates could be the catalyst that pushes the housing market, and possibly the economy, into a slower growth or even recessionary phase. Have questions? Give me a call.

Will rising interest rates be the pin that bursts the housing bubble? Increased consumer leverage and rapidly rising interest rates could be the catalyst that pushes the housing market, and possibly the economy, into a slower growth or even recessionary phase.

High inflation and shifting economic conditions have prompted worries of a looming recession. In our view, the risk of recession has risen but this doesn't have to spell more trouble for financial markets. In this week's Market Wrap, we provide some historical perspectives on recessions, what they mean for market performance and how investors can best navigate the path ahead.

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

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The Fed's updated projections do not indicate a pending recession, but a slowdown is likely.

The Fed raises rates by 0.75% As expected, the Federal Reserve today raised rates by 0.75%, its largest increase in 28 years, bringing the federal funds rate to around 1.50%.

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Inflation remains front and center for consumers and policymakers, but financial markets may be looking a step ahead: at a potential economic slowdown or recession looming. While the probability of a recessionary period is rising, perhaps the silver lining here is that in our view we don't yet see the scope for a deep or prolonged downturn ahead.

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

With just a few days away from the end of June, the halfway mark, markets have experienced one of their worst first six months of a year in recent history. Concerns around inflation, central bank tightening and the impact on these two factors on growth have made for a challenging backdrop. Our latest Weekly Market Wrap provides perspective on how the economy, equity markets and fixed income markets are shaping up at the mid-year point, and what could be in store for the second half of the year.

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

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High inflation has prompted the Federal Reserve to accelerate its pace of rate hikes, increasing the headwinds to the economic outlook. Markets continue to exhibit elevated volatility in response, with the stock market seeing additional pressure last week. Our latest Weekly Market Wrap provides perspective on what's changed for the economy and how investors can position to navigate this volatility.

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

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This week's CPI inflation reading will be a key driver of markets. While core inflation may be moderating, we are carefully watching headline inflation, which continues to remain hotter due to higher food and energy prices. This will likely keep the Federal Reserve on track for a 50 basis point rate hike at next week's Fed meeting, but we see scope for the Fed to move at a more gradual pace in the back half of the year.

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

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Interested in learning more about last week's market and what this week could hold? Take a look at this update.

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