US Empire State Manufacturing survey collapses to levels only seen during the Global Financial Crisis and the Tech Bust

Tavi Costa - Twitter, Released on 7/15/22

Ouch.

US Empire State Manufacturing survey:

New orders 6-months ahead just collapsed to levels only seen during the Global Financial Crisis and the Tech Bust. pic.twitter.com/mm6pm40FnC

- Otavio (Tavi) Costa (@TaviCosta) July 15, 2022

Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat's macro model that identifies the current stage of the US economic cycle through a combination of 16 factors. His research has been featured in financial publications such as Bloomberg, The Wall Street Journal, CCN, Financial Post, The Globe and Mail, Real Vision, Reuters. Tavi is a native of S??o Paulo, Brazil and is fluent in Portuguese, Spanish, and English. Before joining Crescat, he worked with the underwriting of financial products and in international business at Braservice, a large logistics company in Brazil. Tavi graduated cum laude from Lindenwood University in St. Louis with a B.A. degree in Business Administration with an emphasis in finance and a minor in Spanish. Tavi played NCAA Division 1 tennis for Liberty University.

US Empire State Manufacturing survey collapses to levels only seen during the Global Financial Crisis and the Tech Bust added by Herman James on 07/16/2022View all posts by Herman James ?+'