The Fed’s Balance Sheet Is Overstated — With Tavi Costa

The Daily Dive opens this week with regular guest Tavi Costa, Partner & Portfolio Manager for Crescat Capital. Tavi joins us today to provide his insights on the Fed and inflation, before we dive into the Fed’s balance sheet holdings versus the bond market’s performance, and the impact of US banking stress. We also discuss his read on oil prices, commodities in the Brazilian market, and the price action in gold.

Crescat Capital focuses on global macro asset management. The firm defines its focus as growing and protecting wealth over the long term, which it achieves by deploying tactical investment themes based on value-driven equity and macro models. The firm operates a number of funds for investors, including a precious metals fund, a long/short hedge fund, and a global macro hedge fund among others.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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