Markets Rally Through Headwinds

While market movements can often be “priced in” weeks or months in advance, this week’s news cycle clearly had impacts on asset performance.  With so many reasons for a downturn, the market still found it’s footing.  Let’s find out how, On The Market.  This week Sonoma Wealth Managing Principals Chris Sipes CFP® and Sonoma Wealth Marketing Director Dano Weir examine: • Daren explains why the “TACO” truck returned to the market this week. • Mag 7 held up the market after a rough start to the year.  Where do we go from here? • It’s tax time.  California feels like the most taxed state in the union.  Is it true? • Layoffs and college grad unemployment making headlines.  How many young people are still living with their parents? • Consumer sentiment is at a 70 year low, but we’ll examine what signals Daren sees that are indicating a bullish breakout.  0:00 Intro 6:20 Income tax by state 8:20 Young adults living with their parents 10:47 Investor Sentiment 11:53 CPI ticks up 12:30 ISM vs CPI 16:21 Consumer sentiment at a 70 year low 18:30 Goods inflation 20:00 Spread on junk debt 23:21 S&P is barely off all time highs 24:20 Stock correlations are low 26:09 Value stocks finally performing YTD 28:00 Money supply still going up 31:30 What the TACO trade really means for the S&P 37:30 Heat map and thoughts on “up and to the right” 49:00 Oil down 49:40 Gold staying strong, Bitcoin double bottom  Video available on YouTube: https://youtube.com/live/OORmha0_L3Q?feature=shareBook Your Wealth Analysis with Sonoma Wealth right here: https://sonomawealthadvisors.com/  _______________________________________ 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.