In this episode, we start with an introduction that sets the scene for an exploration of recent updates in U.S. business activity and the manufacturing sector. We then discuss the economic challenges currently faced and the Federal Reserve's policy response, analyzing how these factors intersect with tariffs and rising consumer prices, and their effects on the housing market. The conversation shifts to the growing trend of office-to-residential conversions, examining the opportunities and challenges within commercial office building mortgages. We also provide an economic forecast, touching on policy changes and recession concerns, before concluding with insights and strategies for navigating these economic shifts, wrapping up with final thoughts.
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