3 Types Of Lies: Lies, Darned Lies and STATISTICS

Mark Twain popularized an old saying from a former British Prime Minister:  “There are 3 types of lies:  lies, damned lies and statistics.”  Find out why we believe that may be in play in the US economy right now as we speak, this week On The Markets...  You can look at the numbers.  The numbers can be accurate. And yet they make no sense.  How is the economy allegedly "growing" and inflation is "down", but big tech's doing large layoffs and prices remain sky high? This week On The Markets, Sonoma Wealth Managing Principals Chris Sipes CFP® and Marketing Director Dano Weir look at:  •  The significant impact the revision of jobs numbers had on market close this week  •  What the drop in the 2 year treasury is telling Chris about the potential for a recession  • Why Harvard says Americans care about inflation significantly more than 9 other classically hot-button issues Plus the debut of our all new intro and outro!  We expect an Oscar® for it any day now.  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 0:00 Introducing our new On The Markets Intro! 6:20 Investor sentiment 8:31 Are stocks overvalued? 12:02 Jobs numbers 17:57 Underlying job growth 20:17 Chances of Fed cut 21:43 2yr Treasury yield 25:20 30 year mortgage rates 28:38 CPI Imputed data 30:35 What’s the “truflation”? 32:21 What issues matter? 36:30 S&P valuations 38:53 Performance:  US vs Rest Of The World 43:22 Home inventory back to pre-pandemic levels 45:00 Canadian housing market 49:52 S&P Moving averages 51:03 Developed markets 51:50 Emerging markets 54:15 Long term bonds 57:56 Gold 58:40 Bitcoin 59:08 REITs  _______________________________________ 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.