2023, a year nearly everyone expected a recession, has instead seen impressive economic growth and the markets power to all-time highs.
How did this happen?
Especially as the Federal Reserve kept interest rates above 5% while conducting Quantitative Tightening?
In a word: liquidity. Liquidity steadily rose throughout 2023 and, like an incoming ocean tide, rose all boats.
How? Why? Where is it coming from? And if it's such a key driver of asset prices, where is it headed from here?
To find out, we're going to have a very important conversation today with Michael Howell, founder & CEO of Crossborder Capital.
Get Michael's book Capital Wars at https://www.amazon.com/Capital-Wars-Rise-Global-Liquidity/dp/3030392872
Subscribe to his Substack at https://capitalwars.substack.com
Or follow him on X/Twitter at @crossbordercap
ACT SOON! SUBSCRIBE to Adam's new Substack at https://adamtaggart.substack.com/ to get his Adam's Notes for all the recent experts who have appeared on this channel. But do so before the price increases on Jan 1st 2024!
#liquidity #bullmarket #stocks2024
