This reminds me... I visited my brother a while back, and he had just put on his summers. I heard an awful racket, kind of like a groaning, and asked if it was his car. He said yep, he heard the noise last fall, when his winter set came on, the noise disappeared, and now it was back.
I had a quick look, noticed 2 tires had tiny spots, which looked a little like bulges, but were small enough that they could have just been an imperfection in the tire mold. Both spots were in exactly the same spot in the 2 different tires, almost exactly in the middle of the "/" where the tire size was molded.
Any thoughts? I suspect these may not be bulges, but perhaps some other issue going on, like possibly cord separation?