J Scott: The House of Cards Is Going to Fall

Dave: Economic anxiety is mounting. With everything from higher inflation, fears of AI replacing your job, consumer sentiment, near 70-year lows, people are worried about the economy. But at the same time, the stock market keeps ripping and unemployment remains near historic lows. So what happens from here? It is a confusing time in the economy, but if you study the economy enough, there are some clues about what comes next. And today I have a guest who studies the economy and has done that for many decades and has a history and track record of doing it very well. His name is J Scott. He is a regular guest here on On the Market. And today he’s going to walk us through what he thinks of this economic moment. What are the bright spots, where the risk exists, and how you can prepare yourself from what comes next. This is On the Market. Let’s get to it. Hey everyone. Welcome to On the Market. I am Dave Meyer. And today we have one of our favorite guests on Mr. J Scott. J is a real estate investor, has been doing it for over 20 years. He and I also wrote a book together called Real Estate by the Numbers. You could always check that out. But I want to talk about J because he’s a big pict...