Are we on the verge of global peace, or is the market pricing in a reality that doesn't exist?

Kerry Lutz sits down with macro analyst Jim Welsh of Macro Tides to dissect the massive shifts rocking the global economy. While the mid-month geopolitical headlines sent oil prices down and stocks into immediate fragmentation, Jim issues a stark warning that the market is celebrating too early. He details a looming oil supply shortfall over the next six months that could trigger a major "oh sh*t" moment for investors, potentially spiking crude back to $150–$200 a barrel. The duo also breaks down the reality of EV demand destruction, upcoming midterm election risks, and why current tech valuations—including the rumored Tesla/SpaceX merger—closely mirror historic market bubbles like RCA in the 1920s and Amazon in 2000.

For investors trying to navigate late-summer volatility, Jim's technical breakdown on equities and precious metals reads like an active playbook. He predicts a looming 5% to 7% pullback for the S&P 500 by July and August, followed by a massive rally above 8,000. Meanwhile, gold and silver bulls might need to brace for impact; Jim explains why gold's current "Wave 4" correction isn't over yet and could temporarily drag prices below $4,000 before its next explosive leg up. Tune in to get the macroeconomic reality check you need to insulate your portfolio. Want a deeper look at the charts?

Find Jim here: https://www.macrotides.com

Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe

Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!

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"The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. .

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