The Morning Filter

They discuss how yen moves and Bank of Japan actions could ripple through global markets. Inflation reports and energy trends that might shake stocks are highlighted. AI and semiconductor demand, plus which chipmakers and cybersecurity names are catching momentum, get attention. They close by naming four stocks they think look interesting after recent earnings.

They debate how the Iran conflict, oil supply and AI are reshaping markets. They parse GDP drivers and what the Fed’s stance means for rates. They flag big tech earnings, AI-related capital spending, and which large names look attractive. They name three stocks to take profits in and three undervalued names to consider buying instead.

They debate whether the market can keep hitting new highs and how to balance value and growth. They preview big tech earnings and what guidance and AI build-out details to watch. They analyze earnings for Intel, ServiceNow, Tesla and consider whether to hold or sell Adobe. They close with three former stock picks that look attractive to buy again.

Christine Benz, Morningstar’s director of personal finance and retirement planning and retirement author, walks through portfolio construction basics. She covers which asset classes to own and skip. She explains the role of international stocks and why core bond funds matter. She names favorite mutual funds and ETFs and answers rapid-fire practical allocation questions.

They discuss why the market hit new highs and whether valuations hide concentration risk. They debate Intel’s rally and what to watch in upcoming tech and bank results. They review Netflix, ASML, TSMC, and J&J earnings reactions. They explore whether true buy-and-hold works and present five undervalued long-term stock picks like Microsoft, Berkshire, McCormick, S&P Global, and Duke Energy.

Preston Caldwell, Morningstar chief US economist who forecasts GDP, inflation, and Fed timing. Dave Sekera, Morningstar chief US market strategist who outlines sector valuations and a barbell stock approach. They discuss a value-growth barbell strategy, which sectors look most undervalued, volatility persisting in 2026, and updated macro and bond-market outlooks.

Dave Sekera, Morningstar’s Chief U.S. Market Strategist, offers market outlooks and stock analysis. He discusses market reactions to the U.S.–Iran truce and macro risks like oil and volatility. He previews what to watch in bank and big-tech earnings. He evaluates names such as J&J, ASML, TSMC, Netflix, and Veeva, and highlights five undervalued growth picks to consider.

Dave Sekera, Morningstar’s Chief U.S. Market Strategist, offers market analysis and stock calls. He discusses how Iran war news and Fed rate direction could move markets. He examines inflation report risks, why Anthropic’s Mythos impacts cybersecurity demand, and whether Nike, Carnival, McCormick, and several small-cap names face trouble. He closes with stocks he thinks are vulnerable if inflation heats up.

Dave Sekera, Morningstar Chief U.S. Market Strategist who provides market outlooks and stock analysis. He discusses whether Chewy’s surge is a buy, valuations and sector shifts heading into Q2, which sectors to harvest and where to redeploy proceeds. He also outlines Morningstar’s five undervalued stock picks for the start of the quarter.

They unpack market moves tied to the Iran conflict and what oil futures are signaling. They review shifting bond and private credit stress around the globe. Big tech earnings and fair value shifts take center stage with Micron and Nvidia updates. The conversation closes with four well known consumer brands singled out as attractive stock ideas.