By: Jeffrey Roach, PhD, Chief Economist & Jeffrey Buchbinder, CFA, Chief Equity Strategist

The economy is doing better than expected, and the markets are responding accordingly. In this piece, we discuss some of the factors that cause us to think the Federal Reserve (Fed) hiked for the last time in this cycle as inflation is receding and the outlook for the consumer looks cloudy. We close the piece with investment implications.

Read the full commentary here: weekly-market-commentary-07.31.2023