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Week of 4/19/26

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1

Make it a hat trick? – The S&P 500 Index posted back‑to‑back weekly gains of more than 3% for the first time since 2020. The rally pushed year‑to‑date returns back into positive territory on April 10, with the Index reaching an all‑time high on April 15. (Source: FactSet and Morningstar, back-to-back weekly gains references the weeks ended 4/3/26 and 4/10/26)

2

No sugarcoating here – Consumer sentiment fell in April to the lowest level recorded in the 70-plus-year history of the survey. Sentiment dropped to 47.6, below expectations and near its prior low from mid‑2022 (when the US was facing soaring inflation), reflecting growing concerns that an extended Iran war will hit the domestic economy. (Source: The Wall Street Journal)

3

Taking it way back – The disruption to Middle East energy flows has pushed the US to the brink of becoming a net crude exporter for the first time since World War II. As buyers in Europe and Asia scramble to replace supplies cut off by the Iran war, US crude exports climbed to 5.2 million barrels per day, while net imports fell to a record‑low 66,000 barrels per day. (Source: Reuters) 

4

Some very stimulating stimulus – China’s economy grew faster than expected at the start of 2026, with GDP rising 5% from a year earlier—slightly above forecasts. The strength came largely from government‑led infrastructure spending, which jumped nearly 9% in the first quarter, offsetting weak consumer spending and a prolonged downturn in housing. (Source: The New York Times)

5

Like a carrot on a stick – More Americans are reaching millionaire status, with average US household net worth topping $1 million and roughly 1 in 6 families now surpassing the seven‑figure mark. But inflation has diluted what that milestone means. After inflation, $1 million today buys about what $480,000 did 30 years ago; and in 200+ US cities, even entry‑level homes now cost $1 million or more. (Source: MSN) 

6

Early bird gets the worm, but no birdhouse yet – The percentage of 26-year-olds with money in investment accounts (outside of 401(k)s) jumped from just 8% in 2015 to 40% by 2025. With the increase in app-based investing tools and the fact that most young people with extra cash are still priced out of buying a house, many are turning to the market to put their money to work. (Source: Morning Brew)

7

Stuck in the middle with (both of) you – The “sandwich generation” is facing growing financial strain as caregivers juggle support for both children and aging parents. Families covering both childcare and senior care now face nearly $104,000 a year in combined costs and about $64,000 in annual debt, with weekly expenses often exceeding $1,300. (Source: Yahoo Finance)

8

Now that’s a bargain – A Parisian engineer recently won a Pablo Picasso painting valued at roughly $1 million—with a raffle ticket that cost just $117. The 1941 portrait, "Head of a Woman," was awarded through an international charity raffle that sold 120,000 tickets worldwide. In the process, the lottery raised nearly $14 million for Alzheimer’s research in its third iteration of “1 Picasso for 100 euros.” (Source: NPR)

9

Guess who’s back, back again? – Val Kilmer, who died in 2025 after battling throat cancer, will appear in the upcoming film "As Deep as the Grave" thanks to generative AI. His likeness was used with the approval of his estate and under SAG guidelines, reigniting the debate over how Hollywood balances innovation, ethics, and the future of acting in a posthumous, AI-driven age. (Source: Variety)

10

I guess that one shot was pretty important – Rory McIlroy became the Masters tournament’s all-time highest-earning golfer, collecting a record $4.5 million for his one-shot win over Scottie Scheffler in this year’s Masters. This year’s check alone surpassed the total Masters prize money earned by all but eight other players ever. McIlroy has now pocketed more than $13 million in 18 career Masters appearances. (Source: Forbes) 

 

Investing involves risk, including the possible loss of principal. 

Past performance does not guarantee future results.

S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks. Indices are unmanaged and not available for direct investment.

 

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