04/08/2024
Employment conditions plus inflation trends equals Fed interest rate decisions. This is the calculus that has been guiding market performance for the past two years.
The first variable in that equation was in full focus last week as the latest jobs report provided a fresh look at the state of the labor market. While the better-than-expected results showed that the economy remains in good health, markets will continue to do the math on what this means for upcoming Fed actions.
In our latest Weekly Market Wrap, we offer our take on the implications for markets as we advance.
A summary of last week's market highlights and economic news.