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Podcast: Kerry Lutz's--Financial Survival Network
Episode: The Economy Looks Strong… But Is It? - Jim Welsh
Description: Kerry Lutz and Jim Welsh dig into why the U.S. economy looks stable on the surface, with growth near 2.5%, but may be far less balanced underneath. Jim warns that government spending is masking a widening divide, where the top 10% of earners drive consumption while lower-income households feel increasing pressure.Despite recent market weakness, Jim notes that internal indicators like the advance-decline line remain firm, historically limiting the depth of market corrections. This helps explain why markets continue to hold together even as risks quietly build.They also discuss President Trump’s global negotiating strategy, in...