Today is 16 April 2026. The situation in Iran isn't improving. The price of fuel is still high. But if you’ve checked your KiwiSaver balance over the last couple of days, you may have noticed it’s started to recover after a period of volatility. That’s largely driven by a rebound in global share markets — particularly the S&P 500 in the United States. But here’s the key point most investors miss: This isn’t just a recovery. It’s a reset.