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Q1 2026 delivered no shortage of surprises, from record highs and geopolitical conflict to one of the largest oil price spikes in modern history. In this episode of The Trending Report, we move beyond the headlines to examine what the underlying data is actually telling us. We break down why U.S. stocks struggled while international and emerging markets held up, how commodities and energy surged into leadership, and why volatility spiked so sharply. We also explore the larger forces still shaping the long-term outlook—including global AI investment—and what disciplined investors should keep in mind during periods of heightened uncertainty.