04/22/2026
The market keeps climbing, but many people still don’t feel any better about the economy.
Stocks just came through one of the strongest short-term rallies on record, even as consumer sentiment remains near historic lows. Spending has held up better than many expected, but inflation is still putting pressure on how everyday life feels.
That disconnect is at the center of this week’s Market Commentary.
The S&P 500 gained more than 3% for the third consecutive week last week, something that has only happened two other times in history. Those times