Fisher Investments

The SEC is considering eliminating quarterly earnings reporting requirements for U.S. public companies in favor of semi-annual reporting, potentially ending a 50+ year practice. This change could reduce compliance burdens and encourage more IPOs, though implementation would take years.

Ken Fisher explains the 'midterm miracle' pattern where U.S. stocks struggle in the first three quarters of midterm election years due to political rhetoric, but historically rise 88% of the time in Q4 with ~7% average returns. This pattern significantly correlates with international markets, though not perfectly.

Ken Fisher discusses inflation measurement inaccuracies, dismisses currency reset concerns citing historical dollar patterns during Republican presidencies, and advises against commodity speculation while highlighting stock markets as the best recession predictor.

This week's key developments include March PMI data showing continued global economic resilience exceeding expectations, Denmark's snap election potentially creating political gridlock, and the approaching April 15th tax filing deadline with opportunities for retirement contributions.

Energy markets experienced volatility with oil reaching $110/barrel due to Strait of Hormuz closure from Iran conflict, while the Fed held rates steady at 3.5-3.75%. The SEC is considering eliminating quarterly earnings reporting requirements in favor of semi-annual reporting.