Rally or Trap: Reading This Week's Market episode artwork

EPISODE · Apr 17, 2026 · 58 MIN

Rally or Trap: Reading This Week's Market

from On The Markets · host 707 Media

The S&P pushed to new highs this week — was it a foundational move or a headline-driven band-aid? This week on On The Markets, Daren breaks down whether this rally is the real deal or just another trap waiting to spring. Let’s find out how, On The Market.  This week Sonoma Wealth Managing Principals Chris Sipes CFP® and Daren Blonski CFP® and Sonoma Wealth Marketing Director Dano Weir examine: • Tariffs, 1 year later.  What impact did they really have on prices?  We’ve got the data. • S&P all time high this week.  So why is Chris pulling a chart looking at “lost decades”? • Daren takes a victory lap on Bitcoin successfully calling a bottom over 2 weeks ago.  0:00 Intro 9:18 Investor sentiment 14:33 How much taxes do high earners pay? 18:10 How 1 year of tariffs affected prices 23:00 Producer price index showing possible inflation 24:25 Government budget still running a deficit 31:30 Lost decades for 60/40 portfolios 34:36 Bitcoin called the bottom 41:00 S&P heat map is hot 48:30 Oil is collapsing 49:25 Volatility is quiet 49:50 Gold and silver slow rise again 51:30 Semiconductor index ripping up   Book Your Wealth Analysis with Sonoma Wealth right here: https://sonomawealthadvisors.com/  Full video available on YouTube: https://youtube.com/live/u9l8ZCP3Znc _______________________________________ 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. 

The S&P pushed to new highs this week — was it a foundational move or a headline-driven band-aid? This week on On The Markets, Daren breaks down whether this rally is the real deal or just another trap waiting to spring. Let’s find out how, On The Market.  This week Sonoma Wealth Managing Principals Chris Sipes CFP® and Daren Blonski CFP® and Sonoma Wealth Marketing Director Dano Weir examine: • Tariffs, 1 year later.  What impact did they really have on prices?  We’ve got the data. • S&P all time high this week.  So why is Chris pulling a chart looking at “lost decades”? • Daren takes a victory lap on Bitcoin successfully calling a bottom over 2 weeks ago.  0:00 Intro 9:18 Investor sentiment 14:33 How much taxes do high earners pay? 18:10 How 1 year of tariffs affected prices 23:00 Producer price index showing possible inflation 24:25 Government budget still running a deficit 31:30 Lost decades for 60/40 portfolios 34:36 Bitcoin called the bottom 41:00 S&P heat map is hot 48:30 Oil is collapsing 49:25 Volatility is quiet 49:50 Gold and silver slow rise again 51:30 Semiconductor index ripping up   Book Your Wealth Analysis with Sonoma Wealth right here: https://sonomawealthadvisors.com/  Full video available on YouTube: https://youtube.com/live/u9l8ZCP3Znc _______________________________________ 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.

NOW PLAYING

Rally or Trap: Reading This Week's Market

0:00 58:14

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of On The Markets?

This episode is 58 minutes long.

When was this On The Markets episode published?

This episode was published on April 17, 2026.

What is this episode about?

The S&P pushed to new highs this week — was it a foundational move or a headline-driven band-aid? This week on On The Markets, Daren breaks down whether this rally is the real deal or just another trap waiting to spring. Let’s find...

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this On The Markets episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!