Tavi Costa is a member and portfolio manager at Crescat Capital and has been with the firm since 2013. He is responsible for developing Crescat's macro models as part of our thematic investment process. Mr. Costa's research has been featured in financial publications such as Bloomberg, Wall Street Journal, Reuters, Yahoo Finance, Real Vision, and others. Before joining Crescat, Mr. Costa worked with the underwriting of financial products and in international business at Braservice, a large logistics company in Brazil.
After experiencing the largest government-financed consumption boost in history, household demand for goods and services is poised to fall off a cliff. The US economy simply cannot handle the Fed's continued monetary tightening. This is the onset of a vicious stagflationary environment.