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BiggerPockets Money Podcast

Tariffs Pause, Stocks Erupt, But the Volatility Could Be Far From Over

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.6 • 2.9K Ratings

🗓️ 10 April 2025

⏱️ 38 minutes

🧾️ Download transcript

Summary

Tariffs are now on PAUSE! And just like that, the stock market is flying back up again. Is this a signal for us all to breathe a sigh of relief, or is more market volatility coming our way? It’s been a wild week so far, and it’s only Thursday! Just yesterday, President Trump paused new reciprocal tariffs on dozens of countries, with markets slingshotting back up as a response. So, are we doing anything different with our investments now that things are slightly more stable? We’ve got Amberly, Mindy, and Scott (with a mustache!) on the show to discuss how these new tariff pauses have affected their investments, portfolio, and FIRE investing plans. Amberly, our Canadian of the group, brings a valuable view as someone who is directly seeing how US tariffs impacted her country. Will America remain the economic superpower we’ve long been, or will tariffed countries quickly form new alliances? Is that good for YOUR future investments?  What about interest rates? With more theories that President Trump is making these moves to lower rates, could your next mortgage get more affordable? Or, will lower rates plus tariffs trigger serious inflation—or potentially even deflation? This news brings a lot of “what ifs,” and if you’re confused, fret not; we’ll explain it in this bonus episode.  In This Episode We Cover The new tariff pause and why markets sprung up (massively!) on Wednesday  How we’re investing (right now) during all this stock market hysteria  The long-term trade risks that affect all Americans after these recent tariff proposals  Will interest rates fall with this much volatility; could a new Fed chair force lower rates? One major flaw with the “manufacturing boost” theory that comes with new tariffs  Incoming inflation AND deflation risks as prices rise but American budgets shrink  And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Bigger Pockets Money podcast.

0:02.8

Bonus episode.

0:04.0

We are rolling off the cuff on this recording.

0:06.2

My first time alongside Amberley, welcome to the Bigger Pockets Money podcast here.

0:10.8

As many folks know, I am on paternity leave.

0:13.8

We welcomed our infant daughter on March 27th.

0:17.5

She and mom are very healthy.

0:19.3

Baby is beautiful and wonderful.

0:21.9

And we're thrilled here. But the markets are very healthy. Baby is beautiful and wonderful, and we're thrilled here.

0:27.8

But the markets are going absolutely haywire. And so I'm coming back for today. We also have limited time. So we've invited Mindy if she hops on halfway through. That's what we're doing.

0:31.7

We are rolling and reacting to live events right now best we can. Amberly, so excited to be discussing

0:37.4

this with you today.

0:38.5

And thank you so much for co-hosting here on the Bigger Pockets Money podcast while I'm out.

0:42.6

I really appreciate it.

0:43.7

I'm happy to be here. I think I've perfected your voice. I've lowered my voice a couple

0:48.3

octaves and I think I've got you. Perfect. Yeah. And the mustache, right?

0:52.5

Well, duh. Yeah. Just let that grow out for a couple

0:54.9

days. Well, anyways, why we're back here is the market turmoil. I mean, this has been a wild ride the last

1:01.0

few weeks. I think a lot of folks know that I sold out of my position in February. I could never have

1:07.0

predicted tariffs and all the drama that would unfold in there. I just thought stocks were

1:11.4

priced high relative to earnings at that point in time and thought there were a lot of risks to

1:15.6

the system. But now we've got serious whiplash in the markets. As we record this today on April 9th,

...

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