Edward Jones - Financial Advisor: Ragan Gootee

Stocks continued their march higher last week, adding to 2023's impressive gain that now has the S&P 500 within 6% of the all-time high. The run in the markets since May has largely been powered by rising optimism around the potential for a goldilocks scenario, in which economic conditions are neither too hot to prevent inflation from falling further, nor too cold to descend into recession.

In our latest Weekly Market Wrap, we look at how recent trends in a variety of indicators stack up to prior periods leading up to and following the onset of a recession and share our take on what they might be signaling about the road ahead.

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

Stocks and bonds jumped last week as investors cheered the sharp deceleration in inflation. Exactly one year from the inflation peak, headline CPI has been cut by more than two thirds, solidifying disinflation as the key theme for the economy and the markets this year. But with the S&P 500 already up 17% halfway through the year, is all the good news discounted? In our latest Weekly Market Wrap, we discuss how the inflation path might look like ahead and where we see opportunities in today's market.

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