AI Falling Back To Earth? What Fixed Income May Be Saying About The Cycle

SpaceX debuted at $150, surged to $232 in four days on a wave of AI excitement, then lost 34% of its value in a single week. It was the most hyped, most AI-adjacent IPO of 2026 — and when it turned, the Nasdaq, the chip stocks, and the rest of the tech trade turned with it. So is this just a speed bump, or is AI finally falling back to earth?  This week Sonoma Wealth Managing Principal Chris Sipes CFP® and Marketing Director Dano Weir examine: • The highs and lows of the SpaceX IPO, and how hyperscaling AI companies are dealing with surging capital expenditures. • How Bitcoin is experiencing it’s own volatility right now. • What is the ‘credit spread cycle’ and how could it be influencing AI growth? • What tomorrow’s rebalancing of the Russell 2000 could mean and could indicate about the future. • Why Daren sees oil is telegraphing that the economy might be slowing down?  Book Your Wealth Analysis with Sonoma Wealth right here: https://sonomawealthadvisors.com/book-your-wealth-analysis 0:00 Intro + gold running too hard and fast 4:19 Bitcoin sentiment is low 7:30 Investor sentiment 10:02 Hyperscalers capital expenditures affecting buybacks 13:30 Credit spread cycles 18:40 Where are we in the cycle? 21:40 Gas prices falling?! 24:20 PCE ticking up and market’s reaction 25:03 Interest rate hikes expected 27:20 10-Year Treasury Spread 30:25 Existing vs. New Housing supply 37:30 US Dollar Index 38:50 Gold and oil going down 41:50 Bitcoin loses 8 year old line of support 45:30 Interest rates 47:18 SpaceX played out like a film script for an IPO 50:45 Mag 7 trading down   Full video available on our YouTube Channel  _______________________________________ 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.