Crescat Capital Macro Strategist Tavi Costa explains how rising U.S. interest payments and unchecked fiscal spending have trapped the Federal Reserve, forcing last week’s aggressive rate cut that could reignite inflation and weaken the U.S. dollar. As recession risks grow and equity markets hit peak valuations, he joins James Connor to unpack why commodities like oil and gold are poised to thrive, offering critical insights into the economic challenges and opportunities ahead. This interview is sponsored by BetterHelp. Give online therapy a try and get on your way to being your best self at https://www.betterhelp.com/Wealthion Chapters: 01:01 - The Fed’s Conundrum: Debt and Interest Payments vs. Inflation 06:20 - Inflation, Stagflation & Fiscal Spending 10:07 - Yield Curve Inversions and Recession Signals 13:07 - Is The US Economy In Recession? 16:52 - Is the Fed Seeing Something Worse? 22:32 - U.S. Equity Markets vs. Emerging Markets & Commodities 30:20 - Tavi’s Bullish Case for Oil 39:50 - Tavi’s Bullish Case for Gold and Gold Miners 48:06 - Weaker USD, Higher Gold? Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Fed #FederalReserve #Inflation #USDebt #Commodities #Gold #Oil #MacroEconomics #InterestRates #Recession #TaviCosta #Wealthion #Wealth #Finance #Economy #Macro