These days, with so much going on in the headlines and in the news, it is hard to keep track

of what is going on.

And that's even for someone like me who spends all day obsessively updating the news and

tracking these things.

And sometimes I just need someone else who loves the economy and looking at data as much

to bounce some things off of and to

learn from myself. And today, we are bringing on the one and only Jay Scott to help us unpack

what is going on at the economy, the housing market, and most importantly, what we're all supposed

to do with our investing portfolios based on all of the

information we're receiving each and every day. In this episode, we're going to cover inflation.

We'll cover tariffs. We'll cover the Federal Reserve and we'll cover how the residential and the

commercial real estate markets may react to everything going on right now. If you are nervous, if you

are wondering what to do next, this is an episode you're definitely going to want to listen to.

Let's bring on Jay.

Jay, Scott, welcome back to On the Market. Thanks for coming back once more. Hey, appreciate you

having me. How are you doing, Dave? Honestly, confused about the economy, just trying to figure

out what's going on around here. So I'm happy you're here. I'm not sure I can help,

but I'll do my best. It at least helps to have someone to bounce some ideas off of, you know, to have a conversation

about because the reality is, as Jay said, no one really knows. But it is helpful to talk to someone

else who I think follows this stuff as obsessively, if not more obsessively than I do.

And I think it's not just that nobody knows. I mean, I think it's safe to say, like, no matter when we're having this discussion, whether it's now a year ago, five years ago, 20 years ago, nobody really knows for certain. But there's just so much that's happened over the last, we can say the last couple years, but the reality is since 2008, that has kind of caused the economy to work in ways that aren't necessarily

historically accurate. The government has done a lot. The Federal Reserve has done a lot.

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