When Good News Isn't Enough

Inflation numbers show a significant decline, but the market couldn't have cared less this week.  Spiking oil amid new mid-east turmoil lead the narrative this week, outshining inflation or easing unemployment.  What could that mean for the back half of 2026?  Let's find out, On The Market.  This week Sonoma Wealth Managing Principal Chris Sipes CFP® and Marketing Director Dano Weir examine: • OpenAI? Anthropic?  Those are the companies to be in 2026?  The chart that shows those hyperscalers hemorrhaging cash and the industry that’s happily on the receiving end. • How China is side-stepping the Iran oil crisis. • Think the US is the most expensive housing market in the world?  Would you be surprised to learn it’s not even in the Top 10? • Not oil, not jet fuel, not rice, not cotton...the chemical symbol that’s up 142% since the start of the Iran war.  What is it?  0:00 Intro 5:14 US has a low home price to income ratio? 6:50 Low income wages have kept pace with inflation? 8:40 Investor sentiment 10:02 China side-stepping the Iran crisis? 11:22 Lowest unemployment claims since 1969? 16:00 US 10-Year Yield 18:04 Semiconductor companies devouring hyperscaler cash flow 21:27 2-year treasury rate 23:08 30-year TIPS yield 26:36 Google's "Other Income" soaring 28:00 Hyperscalers cash flows coming to a halt 29:45 Consumer electronics spiking 32:30 Price increase since start of the Iran War 33:53 S&P this week below the 50 day moving average 35:42 Nasdaq this week also stays below 50 day moving average 37:14 Russell 2000 showing strength 37:50 Developed markets trading sideways for now 38:50 Emerging markets also trading sideways 39:50 Agg Bond index continues its sideways trend 41:55 Long bonds continue downward 43:40 Bitcoin just hanging out 44:34 Commodities surging?    Book Your Wealth Analysis with Sonoma Wealth right here: https://sonomawealthadvisors.com/book-your-wealth-analysis  Full YouTube video of this episode available here: https://youtube.com/live/2L6vwbpZQb0  _____________________________________ 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.