David Lin: Stocks at 1929 Peak, Storm about to Hit, Force Fed Capitulation

Tavi Costa, portfolio manager at Crescat Capital, recently joined David Lin to discuss the current state of the stock market and the potential dangers that lie ahead. In the interview, Costa expressed concern over elevated stock market valuations and warned of a coming steepening of the yield curve, which could indicate a deteriorating economy. Costa began by discussing the high valuations of many stocks in the current market. He noted that, according to a variety of metrics, such as price-to-earnings ratios and market capitalization-to-GDP ratios, stocks are currently more expensive than they have been in the past. This, according to…