In this episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss the market’s response to new developments in the Iran war. They speculate what the Federal Reserve’s interest rate policy may be for the rest of the year and whether this week’s inflation reports will drive more market volatility. They explain why Anthropic’s Mythos model only makes cybersecurity stocks more attractive and whether the worst is behind for Nike. Tune in to find out if Carnival or McCormick are stocks to buy after making news last week.
Small-cap stocks have held up relatively well in 2026, but are conditions right for the outperformance to continue? They close with several at-risk stocks to sell in the face of higher inflation.
Episode Highlights
00:00:00 Welcome
00:01:37 The market’s response to the latest events in the Iran war and whether the Federal Reserve is more likely to raise interest rates or cut them this year.
00:08:56 If this week’s inflation reports will stoke volatility in the market.
00:14:25 Are cybersecurity stocks facing a new risk?
00:16:05 What to make of updates from Nike NKE, Carnival CCL, and McCormick MKC.
00:20:36 Whether small-cap stocks can continue to outperform in 2026.
00:26:21 At-risk stocks to sell before inflation heats up.
Read about topics from this episode.
Register for Dave's Q2 Market Outlook webinar.
Read Dave’s complete archive.
Got a question for Dave? Send it to themorningfilter@morningstar.com.
You can follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research, and follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).
If you would like more information about any of the stocks Dave talked about today can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday!
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
