Why Tariffs Are Just The Match

And just like that...it’s like April never even happened in the market.  And yet, have there been lurking signs for months (years?) that an economic slowdown has been slowly piling kindling, just to finally be lit by tariffs?  Let’s go On The Market. Prepare your ears to hear this, but the S & P 500 has recovered nearly all of it’s dip from early April.  So back to all time highs?  Maybe.  But Sonoma Wealth Managing Principals Daren Blonski CFP® and Chris Sipes CFP® think the underpinning for an economic slowdown has been in the cards for a long time.  This week On The Markets: Why 1 magazine cover has Chris thinking Gold is so over. Why the price of oil alone is telling Daren that a recession is imminent or upon us (spoiler: he’s been saying this for months). Just how much China is in everything we buy?  Which sectors could be hit hardest should tariffs actually stand? How much the betting markets think DOGE is actually actually going to cut from the budget. Why Daren thinks the S&P’s turnaround has nothing to do with tariffs and everything to do with 1 chart from the St. Louis Federal Reserve 4:00 Meme Time 5:40 Gold is done because of 1 magazine 7:27 Balanced portfolios in Bear Markets 10:45 Consumer Sentiment 15:27 S&P Revenue From China 18:54 What long-lasting goods say about economic expectations 22:15 How much China is in every item? 23:40 China’s trading partners 24:52 2 year treasuries vs. Interest rates 26:15 Junk bonds index 27:12 Mortgage spreads 29:09 Unemployment rate 29:51 How much will DOGE actually cut? 30:54 Housing inventory changes 32:10 New home starts 35:56 New houses for sale 36:20 Liquidity is back 37:30 A look at the S&P by weight 37:55 S&P candlesticks 45:15 Yield Curve 46:43 10 year bond prices 48:33 Is gold done? Take Sonoma Wealth's Free Wealth Analysis right here: https://sonomawealthadvisors.com/  Videos available on our YouTube Channel: https://www.youtube.com/playlist?list=PLaOjL6z16wjV2_CTStzc36Y5JtiwhVoGJ  ________________________  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. 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.