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Otavio (Tavi) Costa, portfolio manager at Crescat Capital, suggests that a long-term shift away from U.S. exceptionalism and toward international markets could be in its early stages.
He highlights the beginning of a secular rotation, emphasizing potential changes in global investment trends.
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Costa previously described silver's underperformance as a notable market divergence in commentary on the metal's price lag versus copper. He also recently highlighted Brazil's entry into a potential new growth phase following major bull cycles. These observations build on his ongoing focus on shifts in global asset performance.