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This Week in Review | April Recap, UAE OPEC Announcement, US & Eurozone Q1 GDP (May 1, 2026)
Published 2 months, 1 week ago
Description
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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