In this episode of Non-Consensus Investing, host Ram Ahluwalia, CIO at Lumida Wealth, discusses the latest market updates and economic data with Team Lumida. The conversation covers recent news headlines, including poor economic data from the ADP labor report and inflation report, which have driven market declines. They examine macroeconomic trends, such as weak GDP figures impacted by tariffs and disinflation, and discuss the potential implications for Federal Reserve rate cuts. The podcast also explores the effect of tariffs on different sectors and the market performance of various global indices. Additionally, they highlight significant corporate earnings results and their impacts, and touch on the latest headlines from major financial news outlets. The episode offers insights into investing strategies and the importance of staying informed about current economic conditions.