Fed will 'absolutely kill' demand, markets, if it continues to tighten - Tavi Costa

Fed will ‘absolutely kill’ demand, markets, if it continues to tighten – Tavi Costa

The high debt-to-GDP ratio, excessive corporate valuations and high inflation mean Fed tightening “is absolutely going to kill demand,” said Tavi Costa, portfolio manager at Crescat Capital. “These three macro imbalances create, in my view, major policy constraints when it comes to fighting inflation,” he said. “I don’t think the economy can really handle what …

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