This Week in Review | Middle East Conflict, US Inflation, Tariff Update (Apr. 10, 2026)

The economy and markets can feel dizzying and ever changing. That’s where we can help. Fisher Investments’ “This Week in Review” is a weekly segment designed to highlight a few things you may have missed this week, what they could mean for financial markets and why they matter to investors like you. This week, Fisher Investments reviews: • Updates on the Middle East conflict • Recent US inflation data • Market Trends: Liberation Day Tariffs

Below are the sources for all data cited in today’s show: 1. Source: FactSet and Trading Economics, as of 4/10/2026. MSCI World Index return with net dividends and Brent crude oil, 12/31/2025 – 3/31/2026. 2. Source: FactSet, as of 4/10/2026. MSCI World Total Return Index, Brent crude oil, and Dutch TTF natural gas, 4/8/2026. 3. Source: FactSet, as of 4/10/2026. MSCI World Total Return Index, 3/30/2026 – 4/8/2026. 4. Source: Macrobond and FactSet, as of 4/10/2026. US and global developed market GDP-weighted yield curves, 3/31/2025 – 3/31/2026. 5. Source: U.S. Bureau of Labor Statistics, as of 4/10/2026. Y/y US Headline CPI Inflation, January 2024 – March 2026. 6. Source: FactSet, as of 4/10/2025. US Consumer Price Index, 12/31/1925 – 12/31/2025. 7. Source: Macrobond, as of 4/10/2026. Y/y percent change in M2 (money supply) for US, UK, eurozone and Japan, local currencies, monthly, February 2025 – February 2026. 8. Source: FactSet, as of 4/10/2026. S&P 500 total return and MSCI World Index with net dividends, 4/2/2025 – 4/8/2025. 9. Source: FactSet, as of 4/10/2026. S&P 500 total return, 4/2/2025 – 5/12/2025. 10. Source: FactSet, as of 4/10/2026. S&P 500 price return on 2/20/2026.

Want to dig deeper? • How investors should think about the ceasefire: https://www.fisherinvestments.com/en-us/insights/market-commentary/how-investors-should-think-about-the-ceasefire • The market impact of “Liberation Day” tariffs one year later: https://www.fisherinvestments.com/en-us/insights/market-commentary/a-forwardlooking-lesson-one-year-after-liberation-day

Have feedback for this Fisher Investments podcast? Share your thoughts on this episode in just 1 minute by filling out this survey: https://fi.co1.qualtrics.com/jfe/form/SV_6Vw1ezlogR044S2?VideoCode=WeekInReview10Apr2026

Connect with Fisher Investments on: • Facebook - https://www.facebook.com/FisherInvestments • X - https://twitter.com/fisherinvest • LinkedIn - https://www.linkedin.com/company/fisher-investments • Instagram - https://www.instagram.com/fisher.investments/ • TikTok - https://www.tiktok.com/@fisher_investments

You can also follow Ken Fisher here: • Facebook - https://www.facebook.com/KenFisher.FisherInvestments • X - https://twitter.com/KennethLFisher • LinkedIn - https://www.linkedin.com/in/ken-fisher/ • Instagram - https://www.instagram.com/kenfisher_fisherinvestments/

Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.