Michael Howell, CEO of CrossBorder Capital, an investment advisory firm, and author of the book, “Capital Wars: The Rise Of Global Liquidity,” returns to The Julia La Roche for episode 212 to discuss the global liquidity cycle, markets, and why there's uncertainty in the year ahead.
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Links:
Website: http://www.crossbordercapital.com/
Twitter/X https://x.com/crossbordercap
Substack: https://capitalwars.substack.com/
Book: https://www.amazon.com/Capital-Wars-Rise-Global-Liquidity/dp/3030392902
Timestamps:
00:08 Introduction to Michael Howell
01:00 Global liquidity and market cycles overview
03:10 Global liquidity cycle visualization and trends
06:14 Discussion of debt refinancing vs. new capital financing
09:02 The approaching debt maturity wall and market challenges
12:46 Warning signs and historical financial crises
16:04 Bond market concerns and inflation outlook
21:37 Yield curve analysis and market distortions
23:24 Investment strategy recommendations
26:18 Gold and cryptocurrency as monetary inflation hedges
28:36 Investment regime cycles explanation
33:02 2025 outlook and mounting challenges
34:53 China's economic situation and policy constraints
39:10 Stock market euphoria vs. bond market signals
41:20 Final thoughts and portfolio allocation advice
The Julia La Roche Show 