In today's AMI Investment Perspective podcast we provide a macro update noting weakening economic indicators, persistent inflation expectations, and potential drags from tariffs and reduced shipping. Sector commentary is highlighted by resilient healthcare and tech earnings, optimism around tariff relief, shifting supply chains, and mixed energy outlooks amid geopolitical tensions. We also discuss the consumer markets, and how sentiment improved modestly, but companies like Tesla, Chipotle, and Pepsi faced headwinds, while Philip Morris saw strong growth from its nicotine pouch brand, Zyn.