Market Squeeze

The cascade effect of the Fed lowering interest rates and increased liquidity is becoming evident. This week On The Markets, SWA Principals Chris Sipes and Daren Blonski look at: • Why Chris says numerous economic experts have been "wrong about the Recession, for all the right reasons." • Why so-called "uninvestable" China may be sending a big signal for a bull market right now. • The confounding proposition that the Fed cut interest rates, but mortgage rates have risen?! Full video available on our YouTube Channel: https://youtu.be/wRVubERbeDw Take Sonoma Wealth's Wealth Analysis right here: https://sonomawealthadvisors.com/book-your-wealth-analysis CHAPTERS 0:00 Intro: Liquidity Is the 800-Pound Gorilla 1:52 What Liquidity Actually Means 4:05 Rate Cut Odds and Antitrust Scrutiny 5:45 Why Smart Forecasters Were Wrong on Recession 7:04 Thinking in Probabilities, Not Certainties 8:24 Sentiment: Fear and Greed Readings 9:28 Biggest Month of Global Easing Since 2020 11:37 S&P 500 Heading for Its Best Year Since 1997 12:40 The Rally Broadens Beyond Mega Caps 14:53 Yield Curve and Sahm Rule Records 16:09 "Uninvestable" China Flashes a Bull Signal 17:10 CAPE Ratios, China, India, and Lost Decades 18:40 Retail Investors Miss the Gold Rally 20:40 Starter Home Affordability and the Mortgage Rate Conundrum 22:22 S&P 500 Weekly Recap and the Short Squeeze 24:44 Nvidia, Microsoft, and Oil 26:35 Rates, Bonds, and the Recession Scenario 28:44 Best and Worst Performing Sector by Administration 30:21 Wrapping Up: October and the Election References: https://www.bls.gov/news.release/archives/empsit_10042024.htm https://www.redfin.com/news/income-needed-to-afford-starter-home-declines/ https://fred.stlouisfed.org/series/T10Y2Y https://www.investopedia.com/terms/c/cape-ratio.asp