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Podcast: Kerry Lutz's--Financial Survival Network
Episode: Buffett’s $347 Billion Warning: Jim Welsh Explains Why a Secular Bear Is Here
Description: Wall Street veteran Jim Welsh of MacroTides joins Kerry Lutz to break down why the markets are approaching a secular bear market and why most investors won’t be ready. Jim takes a critical look at the flaws in the Bureau of Labor Statistics’ employment data, exposing how reliance on outdated models has led to inflated job numbers and misleading headlines. He also explains why revisions matter more than initial reports when gauging the real economy.From GDP distortions to speculative excess in options trading, Jim lays out the warning signs of deeper trouble ahead. Drawing on Warr...