A chip pullback?  A "double bottom" fail? Are they just flipping a coin in the Strait of Hormouz? Is the market starting to show signs of AI fatigue? Or is this all just dog days of summer low trade volume?  Let's find out this week On The Markets. 
 
This week Sonoma Wealth Managing Principal Chris Sipes CFP® and Marketing Director Dano Weir examine: 
• Some tariffs are now being refunded due to judicial rulings. What, if any, impact could that have on the market? 
• What is the “most crowded” trade in the world and why you’re likely already in it. 
• Bitcoin showing signs of life are a difficult 2026? 
• Gold continues to fall back to Earth, what near-term prospects could look like. 
 
0:00 Intro and world's largest explosives purchaser 
3:10 CPI slightly better 
11:20 Tariff refunds 
14:30 What is the most crowded trade in the world? 
16:53 Investor sentiment 
18:00 Bitcoin showing signs of life? 
19:25 Consumer sentiment 
20:11 Gold sliding 
24:25 30 TIPS yield 
26:02 Import and export prices spiking 
27:40 Housing market index dribbling? 
29:30 Oil is noisy 
34:30 S&P this week 
38:00 Russell 2000 showing strength finally? 
 
 
Book Your Wealth Analysis with Sonoma Wealth right here: https://sonomawealthadvisors.com/book-your-wealth-analysis 
 
 
 
_____________________________________ 
Disclosure: Fermata Advisors LLC is registered as an investment advisor with the SEC and only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This content was produced by Fermata Advisors, LLC, d/b/a Sonoma Wealth Advisors, d/b/a Fermata 401k, d/b/a Fermata Tax, d/b/a Fermata Insurance.  
The opinions expressed by Fermata Advisors, LLC on this show are their own. Information presented on this program is believed to be factual and up to date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed.  Discussions and answers to questions do not involve the rendering of personalized investment advice but are limited to the dissemination of general information.  A professional advisor should be consulted before implementing any of the options presented.  
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.  
Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Viewers and listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.