Greetings. We hope you and your families are enjoying the Spring and safely surviving all the tornado
warnings we’ve had recently. Please read below for important updates and information.
OFFICE CLOSURE:
Our office will be closed from May 8 th – 15 th for a company retreat and celebration of Angel’s upcoming
10 year anniversary with the firm! We encourage you to reach out to us early next week to arrange any
additional contributions or distributions to your accounts. If something comes up during our absence,
please contact our long-term office partner from Midwest Financial Group, Heather Sullivan. She will be
available at #913-696-0041. You can also call Schwab Alliance at #800-515-2157 to request online
access, updates to your address or contact information, or a Schwab-related service. Thanks for your
understanding!
SAVE THE DATE:
Clients, watch your mail for invitations to our Client Appreciation event May 31st @ 1:05. We will
watch the Monarchs take on the Sioux City Explorers at Legends field. We’ve once again reserved the
Home Run Patio with free parking, an all-you-can-eat ballpark buffet, and a shaded seating area.
HIGH-LEVEL THEMES IN THE BROADER ECONOMY THIS YEAR…
Corporate Earnings (a main driver of stocks):
Some people may be surprised that the stock market is still holding up so well. To that, I would say stock
prices tend to follow earnings and so far this year, the path of earnings for the S&P 500 Index tells a
powerful story. For earnings season thus far this April, there’s an estimated 13-15% earnings growth year-
over-year. (Source: Factset)
Additionally, earnings expectations remain in double-digit growth territory looking into the remainder of
2026 and into 2027. (Source: Forbes, April 24, 2026).
Inflation – cooling, but not gone:
There was very legitimate concern about a spike in inflation when oil prices spiked. We’ve seen prices
falling in some areas but not across the board – services still runs hotter than the Federal Reserve would
like to see.
Interest Rates still elevated:
The Fed is keeping rates higher to finish the job on inflation. Markets are watching for cuts but the timing
will depends on continued improvements in inflation data.
We hope to see you and your families at the ballpark on May 31 st ! Please call our office next week if you
have any business to take care of before our office closure and enjoy the May flowers after all these April
showers!