3 Types Of Lies: Lies, Darned Lies and STATISTICS

Mark Twain popularized an old saying from a former British Prime Minister:  “There are 3 types of lies:  lies, damned lies and statistics.”  Find out why we believe that may be in play in the US economy right now as we speak, this week On The Markets...  
You can look at the numbers.  The numbers can be accurate. And yet they make no sense.  How is the economy allegedly "growing" and inflation is "down", but big tech's doing large layoffs and prices remain sky high? This week On The Markets, Sonoma Wealth Managing Principals Chris Sipes CFP® and Marketing Director Dano Weir look at: 
 •  The significant impact the revision of jobs numbers had on market close this week 
 •  What the drop in the 2 year treasury is telling Chris about the potential for a recession 
 • Why Harvard says Americans care about inflation significantly more than 9 other classically hot-button issues 

Plus the debut of our all new intro and outro!  We expect an Oscar® for it any day now. 
 
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 



0:00 Introducing our new On The Markets Intro! 
6:20 Investor sentiment 
8:31 Are stocks overvalued? 
12:02 Jobs numbers 
17:57 Underlying job growth 
20:17 Chances of Fed cut 
21:43 2yr Treasury yield 
25:20 30 year mortgage rates 
28:38 CPI Imputed data 
30:35 What’s the “truflation”? 
32:21 What issues matter? 
36:30 S&P valuations 
38:53 Performance:  US vs Rest Of The World 
43:22 Home inventory back to pre-pandemic levels 
45:00 Canadian housing market 
49:52 S&P Moving averages 
51:03 Developed markets 
51:50 Emerging markets 
54:15 Long term bonds 
57:56 Gold 
58:40 Bitcoin 
59:08 REITs 
 
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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.  
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