Otavio (Tavi) Costa
Crescat Capital partner & macro strategist. Native of Sao Paulo, Brazil ๐งhttps://t.co/YApL3RgjR8
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The debt ceiling issues present a much greater risk than currently perceived. Although prior concerns have proven to be mostly peripheral, todayโs circumstances are quite unique....
Commodity rallies are almost never isolated developments. ย Natural resource assets are highly interconnected and once one starts moving, the others follow accordingly. ย The relat...
The change in stance by the Fed back in early 2019 was what got me interested in silver. Today, if you ask me, here is where I believe the most asymmetric opportunity lies ahead....
Financial conditions are too loose for inflation but too tight for financial assets near record valuations. If this is the beginning of another decade of higher-than-average cost...
Oil and gas stocks became โuninvestableโ for many institutional investors having to follow certain ESG mandates over the last decade. After a cathartic purge during the initial Co...
We're at a key inflection point for the gold industry today. Due to the overwhelming pressure to adopt the green revolution, there has been a declining interest from miners in dep...
The wheels are coming off the global economy. Here is where I think the market is heading. ๐๐๐
Todayโs restrictive Fed policies in a rapidly deteriorating economy are the preconditions for a steep recession. Time for a thread ๐๐๐
The rise and fall of the consumer. Household demand for goods and services is poised to fall off a cliff. The US economy simply cannot handle the Fedโs continued monetary tighte...
For the first time in history, the US is experiencing a confluence of three macro extremes all at once: โช๏ธ The debt problem of the 1940s โช๏ธ The rising inflationary environment...
Everyone wants to be a technologist these days. While software is eating the world today, people cannot eat software. Here is a thread ๐๐๐
The government has been flooding the market with issuances of longer maturity instruments at unprecedented levels. The amount of outstanding marketable bonds and notes have incre...