The U.S. stock indexes last week posted their best weekly performances of the year. Generally upbeat corporate earnings reports and a Federal Reserve that is now hinting it could be done raising U.S. interest rates have fueled the stock market bulls. Also, trader and investor attitudes are not as dour as a few weeks ago because the Israeli-Hamas war has not spread to other countries—at least not yet. There are still some economic and geopolitical headwinds looming for the stock market bulls. However, at present the bulls are choosing to adhere to an old trading adage that stock markets like to “climb a wall of worry.” Stay tuned! Jim Wyckoff