The S&P pushed to new highs this week — was it a foundational move or a headline-driven band-aid? This week on On The Markets, Daren breaks down whether this rally is the real deal or just another trap waiting to spring. Let’s find out how, On The Market. 
 
This week Sonoma Wealth Managing Principals Chris Sipes CFP® and Daren Blonski CFP® and Sonoma Wealth Marketing Director Dano Weir examine: 
• Tariffs, 1 year later.  What impact did they really have on prices?  We’ve got the data. 
• S&P all time high this week.  So why is Chris pulling a chart looking at “lost decades”? 
• Daren takes a victory lap on Bitcoin successfully calling a bottom over 2 weeks ago. 
 
0:00 Intro 
9:18 Investor sentiment 
14:33 How much taxes do high earners pay? 
18:10 How 1 year of tariffs affected prices 
23:00 Producer price index showing possible inflation 
24:25 Government budget still running a deficit 
31:30 Lost decades for 60/40 portfolios 
34:36 Bitcoin called the bottom 
41:00 S&P heat map is hot 
48:30 Oil is collapsing 
49:25 Volatility is quiet 
49:50 Gold and silver slow rise again 
51:30 Semiconductor index ripping up 
 
 
Book Your Wealth Analysis with Sonoma Wealth right here: https://sonomawealthadvisors.com/ 
 
Full video available on YouTube: https://youtube.com/live/u9l8ZCP3Znc 
_______________________________________ 
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.