Stock market news

After the worst start to a year since 1932 that has left the S&P 500 within breathing distance of the 20% bear-market threshold and the TSX in correction territory for the first time since November 2020, the question all investors are asking is: When might the market pullback run its course?1 Since hitting an all-time high on the first trading day of the year, major indexes have been in a steady downtrend and made a fresh one-year low last week. The new regime that financial markets are dealing with is defined by lingering inflationary pressures, monetary-policy tightening, and heightened geopolitical risks.

^{Source: Bloomberg}

The quarterly market outlook offers our perspective on recent activity in the capital markets. The Edward Jones Investment Policy Committee offers its viewpoints on the U.S. economy, stocks, the bond market, international markets and asset classes, as well as a special topic of interest to investors each quarter.

These aren’t short-term predictions. Rather, this is Edward Jones’ perspective on market and economic topics, designed to help you make decisions affecting your long-term financial strategy. As you read through each topic, you'll find specific actions you can discuss with your financial advisor.