Start earning interest in gold: https://Monetary-Metals.com/LinJim Welsh, Founder, Author, Macro Tides, expects stocks to enter a secular bear market soon despite no immediate recession, driven by extreme valuations, weakening consumers, and technical warning signs. *This video was recorded on November 19, 2025.To get 5% off of your CoolWallet purchase, use my link: https://www.coolwallet.io/discount/davidcwSubscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW JIM WELSH:X (@jimwelshmacro): https://x.com/JimWelshMacroWebsite for Macro Tides: https://www.macrotides.com/FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at [email protected]*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.1:00 - Jim’s 2007 and 2022 observations4:20 - Market outlook 6:17 - Bear market observations and recession outlook9:08 - Inflation and the “golden age” of America19:55 - S&P 500 analysis and rebound rally32:25 - Gold, silver and safe havens35:49 - Treasury bonds42:33 - Dollar strength and reserve currency debate#stocks #economy #trading