Trouble Lurking in Early July?

The hosts provide a lively market update from Puerto Vallarta, emphasizing the importance of adapting investment strategies. They discuss the puzzling performance of financial markets, noting gains amid declines in commodities, while cautioning against overconfidence. The conversation shifts to long-duration assets and the need for shorter strategies in uncertain times. They tackle the influences of immigration policy on wages and touch on the economic ramifications of high deficits and government accountability. Global market dynamics and recession impacts are also explored.