Thought Of The Week U.S Earnings Season, Higher Inflation Expectations Major U.S indices notched their third weekly gains helped by ongoing recovery from the health crisis and strong corporate earnings results. Although market volatility has edged lower in recent sessions with VIX closed at 15.01 on Thursday, its lowest close since February 2020, there were big moves beneath the surface. While some companies were able to insulate themselves from the global supply-chain crisis and deliver strong results by passing down higher prices to consumers, other companies such as Intel struggled with parts shortage and China’s gaming crackdown, causing its shares to drop more than 10% after earnings. Other technology shares also slipped along with Snap after the social-media company blamed Apple for the changes to its privacy rules that would hurt its ad business. Snap’s stock tumbled more than 25%, highlighting the impact of Apple’s new policy on digital advertising....