'Chronic under investment' - Tavi Costa on why commodities are headed higher

- Tavi Costa, macro strategist at Crescat Capital, is a contrarian when it comes to the market's expectation of Federal Reserve rate cuts.

"I don't think we're going to see four to five rate cuts in a year out," said Costa."I actually think we're probably going to see even a slight increase in rates potentially because of this re-emergence of inflation," he added, referencing higher commodity prices including metals, oil and lumber. "Unless you go back to the war period, all of that is highly inflationary," Costa said, adding"it's hard to believe we're going to go back to the Fed's [2% inflation] target anytime soon."

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Why this Morgan Stanley investment strategist finds bonds to be attractive versus stocksStu Morrow of Morgan Stanley Wealth Management Canada offers his take on the economy and markets, and his asset-mix picks
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Ex-Deutsche Bank investment banker pleads guilty to crypto fraudA former investment banker pleaded guilty to committing crypto investment fraud worth $1.5 million and identity theft.
Herkunft: CryptoAmb - 🏆 22. / 68 Weiterlesen »