Please stay tuned for important disclosure information at the conclusion of this episode.

Hello and welcome to the Morning Filter podcast. I'm Susan Jubinsky with Morningstar.

Every Monday before market open, I sit down with Morningstar Chief U.S. market strategist Dave Sakara to talk about what investors should have on their radars for the week, some new

Morning Star research, and a few stock ideas.

Now, before we get started today, we have a couple of programming notes.

We dropped a bonus episode of the Morning Filter last week that featured a conversation with Morning Star Director of Personal Finance and Retirement Planning, Christine Benz.

In the conversation, Christine talks about portfolio

construction, whether you should invest in international stocks, and where to invest when it comes

to bonds. So if you haven't watched it yet, consider tuning in. And also, today we're taping

this episode of the Morning Filter on Friday, April 24th, before market open. So our comments do not

reflect anything that's happened in the market since then. All right, well, good morning, Dave.

Thank you for making time to tape this early on a Friday. I have some personal things I need to

take care of on Monday. And I can see you're taping from your desk office and everyone can see the view that you have every day at MorningSter.

A good morning, Susan. Yeah, that's actually Daily Plaza behind me. So this is actually probably one of the better seats here at Morning Star. So yeah, always have a nice view here. Plus it's always interesting to see what's going on in the Plaza during the summer behind me.

That is true and I can get loud in the plaza over the summer.

So it's a good thing we're taping this first thing in the morning. Anyway, all right, so this week we're not going to talk about the war in the markets because we're taping it on Friday. And as we know from past experience, a lot can happen between Friday and Monday. But let's talk a little bit about the market action that we saw last week.

The S&P 500 hit a new all. between Friday and Monday. But let's talk a little bit about the market action that we saw last week.

The S&P 500 hit a new all-time high. And oil prices were still kind of elevated for much of the

week. So what's your take on that? And can the market continue to hit new highs?

Let me answer the last question first. I mean, as far as can the market continue to keep hitting new highs, I mean, the answer

there is yes.

But I think that investors really should be cautioned that I think the easy returns are behind

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