Podcast: On The Markets

Sonoma Wealth’s Take on Activity in the Market

Straightforward Financial Market Updates

Every week, Sonoma Wealth Principals Daren Blonski CFP® and Chris Sipes CFP® rationalize the ups and downs of the financial markets and the economy in plain English, on our show On The Markets.

 

Is the AI Bubble Being Tested? Debt, 5% Yields and the Rotation Out of Tech

October 16, 2026

Tech stocks pulled back this week as investors questioned the debt funding the AI buildout, while the Dow gained 550 points Thursday as money rotated into other sectors. With the 10-year Treasury...

Bond Market After a Lost Decade Lessons for Investors

October 09, 2026

Bonds are historically known to be the safe part of your portfolio, but over the past decade they've seemed anything but. Looking at rolling 10-year returns, U.S. bonds are now in their worst...

The Jobs Report Was Bad. Stocks Rose. Here's the Catch.

October 02, 2026

The September jobs report came in well short of expectations, and stocks rose anyway. On The Markets this week looks at why a weaker payroll print pushed the odds of an October Fed hike lower, and...

Why Have Bond Yields Risen To Their Highest Level Since 2004?

September 30, 2026

The 30-year Treasury yield reached 5.48 percent on September 24, the highest since 2004, with the 10-year near 5.21 percent and the 2-year at 4.93 percent. This week on On The Markets we explain...

The Fed Just Raised Rates. Here's What Changes for Your Money.

September 18, 2026

This week the Federal Reserve raised its benchmark rate by a quarter point to 3-3/4 to 4 percent on September 16, its first hike in over three years. On this episode of On The Markets, we break...

Why Treasury Buybacks Are Not Lowering Bond Yields

September 12, 2026

Secretary Bessent tripled long-end buybacks to push yields down, but the 10-year is holding near 4.95% and the 30-year hit 5.27% as inflation expectations repriced on tariffs and energy. Interest...

Why Mortgage Rates Are Rising While the Fed Holds Steady

September 04, 2026

Mortgage rates are pushing toward 7% at 6.83% on the 30-year while the Fed held its benchmark at 3.50% to 3.75% and the 30-year Treasury yield climbed to 5.3%. This week on On The Markets we...

Jackson Hole: Why the Fed Isn't Cutting and Mortgages Stay High

August 28, 2026

Fed Chairman Warsh took the stage at their annual summer meeting at Jackson Hole while mortgage rates held at 6.67% and futures priced a 64% chance of no cut in September. Short rates are set by...

National Debt Tops $40 Trillion As Treasury Doubles Bond Buybacks

August 21, 2026

The national debt crossed $40.05 trillion on August 18 as the 30-year Treasury yield climbed above 5.3% to its highest level since 2007. To support market liquidity, the Treasury will at least...

Record Highs On Bad News?

August 14, 2026

The market just hit a record high on bad economic news — and that's not a typo. Three Fed officials voted to raise rates while investors are betting on a September cut, and this week's CPI and PPI...

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