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Weekly Wrap 17 April

Bell Direct
April 17, 2026

In this week’s Weekly Wrap, CIO Will Riggall is joined by Bell Potter’s Lead Strategist Rob Crookston to unpack the key drivers behind the recent market rally and what comes next.

Despite ongoing geopolitical uncertainty and rising oil prices, the S&P 500 has surged back to all-time highs, led by a strong rebound in the tech sector. But the big question remains: how sustainable is this move?

In this week’s video, Will and Rob cover:

  • The rapid market rally and whether current momentum can continue
  • What to expect from upcoming trading updates and the impact of rising oil costs on companies like Qantas
  • The shift in momentum away from large-cap banks such as Westpac and back toward high-growth tech
  • Bell Potter’s preferred positioning—focusing on offensive, capital-light sectors including tech, diversified financials, and classifieds.

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