Gasoline is a part of the inflation picture and, when increasing, is a drag on the U.S. economy. However, we expect the size of the overall economic pain will be less than the last time we experienced gas prices at this level 14 years ago.

To help us understand gains, losses, and tax impacts, we are joined by senior wealth advisor Joe Grochowski. He discusses the relationship between tax returns and portfolio results and how healthy rebalancing can lead to taxable events.

Volatility often increases as market participants take into account new realities. For example, as news of Russia's attack broke on Thursday, US stock markets were set to open the trading day 3 to 4 percent lower. And yet, by afternoon, markets finished the day up 1.5 percent.

Stocks and bonds have been under pressure in recent weeks. To help put some perspective on this we are going to zoom out and take a look at stock markets going back to the 1920s.

This week we are talking about corporate earnings, Facebook, and the U.S. labor market. We discuss volatility in high-growth stocks and what it can mean when forward return expectations are pulled into the present.

This week we discuss three tax topics with senior wealth advisor Sharon Calhoun. QCDs, 1099s, and filing timing. Taxes filing is due April 18th.

We believe a portfolio needs players on both offense and defense when investing for the long term. Setting aside dollars for the short term can help buy time during market volatility.

Replay. Jason Ranallo presents prepared remarks and hosts a Q&A session. Topics include discussion on various themes impacting markets and the economy, notably: market performance, inflation, earnings comparisons, and digital assets.