“Tariff Tuesday” just hit, and the economic ripple effects are already in motion. The stock market saw a significant sell-off, key recession indicators are flashing, and mortgage rates dropped yet again. These shifts could have a major impact on the economy, but will they spill over into real estate? And as an investor, could your costs rise even more?  In this episode, Dave breaks down what actually happened on “Tariff Tuesday,” which tariffs were imposed, and how they could shape the months ahead. We’ll cover how different countries are responding and what this could mean for inflation, the stock market, and what you really want to hear about—mortgage rates. Could rates continue their months-long decline, or are we bottoming out for 2025? These new tariffs directly affect real estate investors and anyone within the industry, but is Dave changing his investing strategy for 2025? Should you second-guess your stock portfolio and search for more stable assets as the market rollercoaster continues? We’re getting into it in this episode!  In This Episode We Cover The “recession indicators” going off that have economists and everyday Americans worried  Why mortgage rates are FALLING even though inflation concerns are rising  Whether tariffs will make real estate investing even more expensive (and which homes will be hit the hardest) The stock market’s “Tariff Tuesday” reaction and what it signals about the economy Retaliatory tariffs and which countries are firing back at the Trump administration  Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-300 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices