The tweet was deleted by the author.
But we saved everything 🙂.
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights the potential for a significant breakout in the copper-to-Nasdaq ratio.
Costa expresses a preference for investing in essential materials that power artificial intelligence, rather than focusing on technology companies that he believes are overvalued.
Costa has previously highlighted valuation gaps in other sectors. He noted that gold miners are trading at historic discounts to the S&P 500 despite strong fundamentals. In a separate post, Costa observed that money supply is expanding at the fastest rate seen in five years.