After giving a quick update on his cruise travels, Jason Hartman talks with Taylor St Germain, economic analyst at ITR Economics, about why lower interest rates haven’t spurred the higher end housing market. The two also discuss what indicators Taylor looks at to get a gauge on the economy and the impact tariffs have had and may still have yet to come.
[5:49] Are lower interest rates good news for cyclical markets or are they just too overpriced?
[10:16] The rise in wages has helped the economy but it’s not changing the overall trend or forecasts
[14:13] Why are housing starts so important?
[19:19] ITR’s concerns with the tariffs currently being put in place
[23:35] More tariffs could potentially put us in a recession, so be very careful if we see more coming