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This week's highlighted links:

Stocks resumed their push to record highs, regaining ground lost amid a choppy start to the year. The Morningstar US Market Index rose 1.7% in the past week and is up roughly 27% over the past year.

Aside from earnings (which we will get to shortly), it was a quiet week on the economic front. The next big event will be next week's Federal Reserve meeting. Will the central bank resume cutting interest rates or stay on hold? Sarah Hansen takes a look. You can also check out Ivanna Hampton's interview with Hansen about what the inflation outlook could mean for stocks and bonds.

Meanwhile, much of the focus continues to be on Washington as the new Trump administration takes shape. While much of the world nervously waits to hear what Trump plans for tariffs, a handful of stocks linked to the artificial intelligence boom got a big boost Wednesday following the announcement of the $500 billion "Stargate" initiative. While some of those gains faded, these names saw more bullish news. Check out Morningstar's take on what Stargate means for AI stocks.

We're well into earnings season, but the big dogs have still yet to report. But we've checked in with Morningstar's stock analysts on what they are going to be watching for in some key earnings reports in the next two weeks. Check out their pre-earnings takes on Amazon, Microsoft, Meta, and Tesla. We've also got takes on earnings from GE Aerospace, Netflix, and Johnson & Johnson.

For your deep-thought weekend reading, we have a fresh column from Larry Swedroe asking a question: With the US economy and US stocks outperforming the rest of the world so strongly in recent years, does it make sense to diversify abroad? He digs into the history of economic growth and policy for an answer.

Lastly, our weekly screen of undervalued and overvalued stocks came up with some intriguing results. Bella Albrecht highlights four newly cheap names under Morningstar's coverage, including the world's largest semiconductor chip manufacturer. On the flip side, we have 29 stocks that just moved into overvalued territory. That list includes two of the world's biggest banks and a big name in data lakes.