This Week in Review | Fed Independence, US Inflation, Q4 Bank Earnings (Jan. 16, 2026)

The economy and markets can feel dizzying and ever changing. That’s where we can help. Fisher Investments’ “This Week in Review” is a weekly segment designed to highlight a few things you may have missed this week, what they could mean for financial markets and why they matter to investors like you. This week, we’ll be covering: • Fed independence concerns • US Consumer Price Index inflation data for December • Q4 bank earnings and what they mean for markets Chapters: 0:00 Introduction 0:30 Fed Independence 2:30 US Inflation 4:14 Q4 Bank Earnings 5:44 Outro Want to dig deeper? • What the DoJ grand jury subpoenas for Fed chair Jerome Powell mean: https://www.fisherinvestments.com/en-us/insights/market-commentary/beyond-the-sturm-and-drang-over-fed-independence-little-actually-changed Have feedback? Share your thoughts on this episode in just 1 minute by filling out this survey: https://fi.co1.qualtrics.com/jfe/form/SV_6Vw1ezlogR044S2?VideoCode=WeekInReview16Jan2026 Connect with Fisher Investments on: • Facebook - https://www.facebook.com/FisherInvestments • X - https://twitter.com/fisherinvest • LinkedIn - https://www.linkedin.com/company/fisher-investments • Instagram - https://www.instagram.com/fisher.investments/ • TikTok - https://www.tiktok.com/@fisher_investments You can also follow Ken Fisher here: • Facebook - https://www.facebook.com/KenFisher.FisherInvestments • X - https://twitter.com/KennethLFisher • LinkedIn - https://www.linkedin.com/in/ken-fisher/ • Instagram - https://www.instagram.com/kenfisher_fisherinvestments/ Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.