07/10/2023
After a strong first two quarters of 2023, markets stumbled a bit as we entered the first week of the third quarter. Nonetheless, in our view, the resilience in the labor market and services sectors makes the case for a recession or downturn in the near-term unlikely. The key for markets will likely be the direction of inflation, which we believe can continue to moderate further. Learn more in our Weekly Market Wrap.
A summary of last week's market highlights and economic news.