Jackson Hole: Why the Fed Isn't Cutting and Mortgages Stay High

Fed Chairman Warsh took the stage at their annual summer meeting at Jackson Hole while mortgage rates held at 6.67% and futures priced a 64% chance of no cut in September. Short rates are set by the Fed, but it would appear long rates are now set by the market. Does it even matter that he indicated the potential for a rate hike in September?  Let's find out On The Markets.   This week Sonoma Wealth Managing Principals Daren Blonski CFP®, Chris Sipes CFP®  and Marketing Director Dano Weir: • What did Fed Chariman Walsh say about rates at their annual meeting at Jackson Hole now that the Fed aims to be less transparent? • What’s your approach as an investor?  A decade-wide look at diversified investing like Berkshire Hathaway vs. the boom and bust of the Nasdaq. • Lake America?  How about the Gulf Of American Homebuyers To Sellers? A look at the historic imbalance. • Why Daren thinks you shouldn’t read into anything until Labor DayFull video available here on our YouTube ChannelBook 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.