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But we saved everything 🙂.
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights that the U.S. dollar has not managed to rally even as yields have surged.
He describes this as a surprising development given the current macroeconomic environment, suggesting the dollar appears fundamentally exhausted and may be positioned for a significant move.
Costa previously observed that money supply is now expanding at the fastest rate seen in five years. He has also pointed to the copper-to-Nasdaq ratio nearing a potential breakout. These signals have factored into his broader analysis of current market conditions.