stock market

Inflation, energy prices and mortgage rates have fallen since Trump took office, although unemployment has risen slightly, consumer sentiment has sagged and the stock market was plunged into turmoil by the tariffs.

Trump's tariff plans have driven a stock market sell-off and raised fears of economic recession.

The stock market is sinking, interest rates - including for home mortgages - are rising, and consumer confidence is down.

Astle said many of his wealthier clients are discussing the stock market volatility and expressing fears about the drop in value.

In a tumultuous series of announcements, the administration has raised, lowered, delayed and retracted tariffs in response to ongoing trade negotiations and stock market reaction.