Advisors on This Week’s Show

Market Closings for the Week

Nasdaq – 26247, up 1084 points or 4.3%
S&P 500 – 7399, up 153 points or 2.1%
Dow Jones Industrial Average – 49609, down 19 points or 0.0%
10-year U.S. Treasury Note – 4.36%, down 0.01 point

Earnings Season and Investment Insights

Investors remain focused on earnings and interest rates, with a marked shift in stock prices since the end of March reflecting increasing optimism about stocks more broadly. The S&P is experiencing one of its best earnings seasons in 20 years, with growth in the first quarter looking to exceed 28%.

New investment tools in the Exchange Traded Fund space continue to emerge chasing a variety of investment themes, but challenges remain as investment expense and trend-chasing obscure what’s right with what’s possible.

On the economic front, relative stability in the labor market belies broader concerns about the war and rising prices. The reminder remains: cautious balance remains a far more prudent path than trying to predict bursting bubbles.