Are We Approaching a Debt Liquidity Crisis? with Michael Howell

Podcast recorded - 06/12/2022On todays episode of the WTFinance podcast I had the pleasure of speaking with Michael Howell, Founder & Managing Director of CrossBorder Capital.  During our conversation we spoke about what liquidity is, how it is a precursor to negative economic & market actions, the key drivers of liquidity and what would happen if central banks remained hawkish. I hope you enjoy!0:00 - Introduction0:25 - Why liquidity?1:05 - What is liquidity and why does it change?2:45 - Shocks/bubbles due to liquidity3:25 - Is liquidity linked to other economic data points?6:15 - Was there a cycle between GFC and COVID?7:30 - Understanding what impact liquidity will have on markets12:40 - Any other countries Michael is analysing?15:03 - Inflections in the next few months?16:30 - Any other indicators to watch to analyse liquidity?18:55 - What would happen if central banks continue to tighten?25:45 - Going the way of Japan?30:33 - One message to take away from our interview?31:50 - Assets that could protect you from financial repression?Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he pioneered monitors cross-border flows and Central Bank behaviour across some 80 countries world-wide. Liquidity flows are a central part of CrossBorder Capital's asset allocation advice, which is currently provided to major global investors, including institutional asset managers, government agencies, Central Banks and endowment funds. Michael has been in financial markets since 1981 and is a regular conference speaker and media commentator. He graduated from Bristol and London Universities with a finance doctorate, specialising in Fixed Income.Michael Howell - Website - https://crossbordercapital.comTwitter - https://twitter.com/crossbordercapLinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=ukWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas