Published on: April 17, 2026

NetWorth Radio Advance Report - April 20, 2026

In this NetWorth Radio Advance Report, Spencer McGowan, President of McGowanGroup Asset Management, delivers financial news and intelligence with insights you can act on for April 20, 2026.

Advance Report

Radio Show

Q: What caused the US equity markets back into positive gains for 2026?
Q: Is the correction in the markets over?
Q: Earnings season results?
Q: Inflation?
Q: What are the highest income cities in TEXAS?  How much do they make?
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Headline Round Up!

*TEXAS!  Over 100 Empty Tankers Coming to Buy Oil From America. 
*OPEC Suffers Record Output Plunge.
*Utilities Plan to Spend $1.4 Trillion Over Next 5 Years Powering AI Boom.
*LNG Exports Set to Rise 30% by 2027!
*America’s Benefits From Unstable Energy Markets. A WSJ Opinion piece by Reza Bundy.
*AI is Leading to Computing Power Shortage?
*Software Rally! Michael Burry Hails Software Stock Buys.
*Possible Insider Oil Trading Before Trump Announcements?
*Allbirds Surges 582% Then Drops at Announcement They Are an AI Company Now?
*BlackRock: 46% Quarterly Profit Gain.
*Morgan Stanley and JP Morgan’s Record Q1 Trading Profits.
*TSMC: 58% First Quarter Profit Gain on AI Chip Demand.
*Quantum Stocks Extend Rally After Nvidia AI Models.
*Alphabet Google Poised for $100 Billion Gain on SpaceX IPO.
* Ackman IPO To Raise $10 Billion.
*Dairy Queen Launching Presto Chatbot for Drive Through.
*Amazon Automotive?
*WSJ: Private Credit, Here is What Has Happened So Far.
*KKR Limits Redemptions.
*PIMCO Buys $400 Million Blue Owl Bonds?

Profit Report

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West Texas Intermediate Crude Oil (12/31/2025 – 4/17/2026)

– Courtesy of Bloomberg LP

Dow Jones Industrial Average ETF (12/31/2025 – 4/17/2026)

– Courtesy of Bloomberg LP

Invesco QQQ Trust (Nasdaq) (12/31/2025 – 4/17/2026)

– Courtesy of Bloomberg LP

Standard and Poor’s 500 Earnings Analysis (2/16/2026 – 5/15/2026)

– Courtesy of Bloomberg LP

Recurrent MLP Infrastructure Fund (12/31/2025 – 4/17/2026)

– Courtesy of Bloomberg LP

Energy Select Sector SPDR (XLE) (12/31/2025 – 4/17/2026)

– Courtesy of Bloomberg LP

Texas High Income Report

– Courtesy of Gemini AI

Texas High Income Report

Gemini AI:

Highest Median Income Cities in Texas?

Texas is home to some of the wealthiest enclaves in the country, with many of the top-ranking cities essentially functioning as exclusive residential suburbs of major metros like Dallas, Houston, and Austin.

These cities represent the absolute ceiling of the data provided by the U.S. Census Bureau as of early 2026.

Rank City Metro Area Est. Avg. Household Income
1 Westlake Dallas-Fort Worth $574,670
2 Hunters Creek Village Houston $521,133
3 Highland Park Dallas $519,460
4 Hill Country Village San Antonio $519,377
5 Piney Point Village Houston $519,284
6 Bunker Hill Village Houston $472,573
7 Westover Hills Fort Worth $450,011
8 West University Place Houston $439,594
9 University Park Dallas $407,253
10 Southlake Dallas-Fort Worth $384,530

Highest Income Cities (Population 50,000+)

If you are looking for larger, more established cities rather than small residential villages, the rankings shift toward the “professional hubs” in North Texas and the Houston area.

  1. Flower Mound: ~$147,490
  2. Frisco: ~$141,129
  3. The Woodlands: ~$140,794
  4. Leander: ~$138,938
  5. Sugar Land: ~$133,144
  6. Allen: ~$126,549
  7. Cedar Park: ~$119,943
  8. League City: ~$118,475
  9. McKinney: ~$116,654
  10. Plano: ~$108,594

Regional Wealth Distribution

  • Dallas-Fort Worth: Dominates the list for both high-density professional wealth (Frisco/Plano) and extreme “old money” enclaves (Highland Park/University Park).
  • Houston: Features a high concentration of “Memorial Villages” (Hunters Creek, Piney Point) and executive suburbs like Bellaire and Sugar Land.
  • Austin: While Austin itself has a median income around $91,500, its wealthy suburbs like West Lake Hills and Rollingwood consistently see median incomes near or above the $200,000 mark.

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Research Round Up!

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*AllianceBernstein: Deep Value Shines After Years of Tech Dominance!
*GMO: Stack the Odds in Your Favor!
*Cohen and Steers: Epic Fury Impacts on Real Assets!

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