In April 2026, US equities saw light in the midst of war and chaos. The S&P 500 rose 10.43%, its best month since April 2020, coming of COVID lows, an...

In April 2026, U.S. equities rallied sharply amid geopolitical turmoil, with the S&P 500 gaining 10.43%—its best month since April 2020—and the equity risk premium falling to 4.37%. The post questions whether current market optimism is justified.