How Mexico’s ‘Tequila Lake’ Exposes a Market Crisis That Might Affect Your Portfolio

Earlier this decade, investors were betting big on tequila—a different celebrity seemed to be launching a new premium brand weekly. Now, Mexico is swimming in 525 million liters of surplus tequila, enough to fill 200 Olympic-size swimming pools and more than the total volume that Mexico exports annually. This sobering reversal reveals critical lessons about