Stock market news

2022 will be a year of moderation, in our view, with the economy and corporate earnings expanding again, but at a more modest pace, while monetary stimulus dials back amid a transition toward higher interest rates. The good news is we think less is more in the year ahead: Fewer extraordinary growth levels and Fed liquidity can still support more bull market gains, accompanied by more volatility along the way.

For the second day in a row, markets posted a robust late-day recovery, reversing some earlier losses. However, the NASDAQ still closed sizably lower, further intensifying the value over growth outperformance as the Fed rate-hike decision looms. Ten-year yields have been flat, near the 1.8% mark. International markets are mixed but also experiencing bouts of volatility.

If 2022 is out to make a case that it's not its older sibling, it's off to a good start.

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.