Fisher Investments - Market Insights

This Week in Review | April Recap, UAE OPEC Announcement, US & Eurozone Q1 GDP (May 1, 2026)

Fisher Investments - Market Insights

Show Notes

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: • April market recap • The United Arab Emirates’ (UAE) withdrawal from OPEC • The latest US and eurozone GDP figures

Below are the sources for all data cited in today’s show: 1. Source: FactSet, as of 5/1/2026. MSCI World Total Return Index, daily, from 12/31/2025 – 4/30/2026. 2. Source: FactSet, as of 5/1/2026. MSCI World Total Return Index and Brent oil prices, daily, from 12/31/2025 – 4/30/2026. 3. Source: Macrobond, FactSet, as of 4/21/2026. 12-month forward earnings per share growth estimates for the MSCI World, MSCI Europe and S&P 500, weekly, 1/1/2026 – 4/13/2026. 4. Source: CNN, as of 4/30/2026. “UAE Quits OPEC in Blow to Cartel That Could Reshape Global Oil Markets”, published 4/28/2026. 5. Source: US Energy Information Administration, as of 4/30/2026. Frequently Asked Quested, Top Ten Producers of Oil. 6. Source: Trading Economics, as of 5/1/2025. Euro Area and United States GDP Growth Rates, Q4 2025 – Q1 2026. 7. Source: FactSet, Macrobond, as of 4/21/2026. Eurozone government bond spreads (10Y – 3M), 1/1/2025 – 4/23/2026. Y/y Eurozone loan growth, monthly, 9/30/1997 – 2/28/2026. Want to dig deeper? • More on regional conflicts’ impact on stocks: https://www.fisherinvestments.com/en-us/insights/market-commentary/the-swift-recovery-isnt-special • Why OPEC’s influence on oil prices isn't what it used to be: https://www.fisherinvestments.com/en-us/insights/market-commentary/pain-at-the-pump-wont-hurt-the-global-economy

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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.

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