Are Tariffs About to Flip the US Economy? - Dale Smothers

The U.S. labor market is facing one of the sharpest corrections in over a century, even as AI-driven productivity gains push markets forward. In this conversation, Kerry Lutz and Dale Smothers explore the strange duality of slowing job growth alongside investor optimism — and what it means for interest rates, mortgages, and the Federal Reserve’s next moves.Dale explains why today’s Fed rate may be higher than necessary, and how stronger labor stats could have opened the door for earlier cuts. The discussion then shifts to the impact of tariffs, with both guests weighing the pros, cons, and the possibility of a consumption tax overhaul. Could tariffs really flip the U.S. economy? Tune in for a candid, insight-packed look at the forces shaping America’s financial future.Find Dale here: https://rdsmotherswealth.comFind Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafeKerry's New Book “The World According to Martin Armstrong – Conversations with the Master Forecaster” is now a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5  This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe