Did you know IBM laid off 8000 people in May, essentially handing the bulk of its HR operations to an A.I. chatbot? It’s true, underreported and happening more and more.
As we see how A.I. hits the marketplace, it's seeming less a hostile takeover, and more a creeping ground swell. Could it be doing the same to your portfolio?
This week On The Markets, Sonoma Wealth Managing Principal Daren Blonski CFP® and Marketing Director Dano Weir look at this exact idea, as well as:
- What Las Vegas tourism numbers could be saying about the economy
- Impacts of the firing of the head of the IRS
- Why tariffs actually might be helping and hurting
5:10 Look at the S&P 500
6:50 S&P heat map gobbled up by Big Tech
10:56 College grad unemployment rate affected by AI?
19:16 Themes for investing
32:35 Gold chart
33:18 Bond market
39:05 Dow Jones transportation and IWM
Take Sonoma Wealth's Free Wealth Analysis right here: https://sonomawealthadvisors.com/
Videos available on our YouTube Channel: https://www.youtube.com/playlist?list=PLaOjL6z16wjV2_CTStzc36Y5JtiwhVoGJ
Audio also available on
Apple Podcasts https://podcasts.apple.com/us/podcast/on-the-markets/id1802984526
Spotify https://open.spotify.com/show/2YqyNLN7mcBApS5RL2piAj
_______________________________________
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 todetermine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.