News Formal

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

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

- 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."

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 13. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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
Källa: globeandmail - 🏆 5. / 92 Läs mer »

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.
Källa: CryptoAmb - 🏆 22. / 68 Läs mer »