G
rant Cardone, a prominent real estate investor, is doubling down on his support for President Trump's economic policies, touting them as a golden opportunity for investors. With the recent drop in interest rates and tariffs, Cardone believes Americans should seize this moment to invest in real estate and back the president's vision.
"Lower rates, fair trade" - that's Cardone's rallying cry on X, where he shared a post urging trust in Trump: "President Trump is fixing America – Lower rates Fair trade not free trade. Trust the President. Invest in real estate. Invest in America."
As interest rates plummeted to their lowest level since October, Cardone highlighted the U.S. 10-year Treasury yield dipping below 4%. The sharp decline reflects growing investor uncertainty following Trump's rollout of his "reciprocal tariff" policy.
The market is reeling from the new trade policy, which imposes a baseline 10% tariff on imports from over 180 countries. As a result, the 10-year Treasury yield dropped to 3.947%, its lowest level since October, while the two-year yield slid to 3.641%. Analysts are now weighing the broader economic impact of these tariffs and watching for clues in Friday's jobs report.
Not everyone shares Cardone's optimism, however. CNBC's Jim Cramer has blasted the policy as a "manmade disaster," arguing that it's unbalanced, job-killing, and stock-market-dampening. He criticized the math behind the tariffs as "ridiculous" and warned that pensions have been hit, leaving people in financial limbo.
Despite the controversy, some on Wall Street see long-term potential in Trump's policies, while others remain skeptical about the economic pain they may inflict.
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