Prices on everything now are so high, he's not going to reduce rates fast enough to prevent a pull back on the market. Corporations are done with the swing of interest rates, policy mandates on DEI, and the lack of interest of the young to take entry level positions.
The Democrats spout the border crosses can take jobs no one wants, but the truth is (as I witness daily in my town) people who speak languages that are not taught here and never heard can not work in a US job.