Market Turbulence in Coming Months Before Rebound with Michael Howell

Interview recorded - 26th of March, 2024

On this episode of the WTFinance podcast I had the pleasure of speaking with Michael Howell. Michael is the CEO of CrossBorder Capital. 

During our conversation we spoke about Michael's outlook for liquidity, global central bank outlook, why interest rates are not always important, positive outlook for markets in the long term, deficit challenges, assets to perform and more. I hope you enjoy!

0:00 - Introduction
1:30 - What is Michael’s outlook on liquidity?
4:25 - What is the difference between taxes this year?
8:55 - Global central bank outlook
13:35 - Tax income lower than expected?
20:00 - Why is Japanese Yen still weak?
24:51 - Global Liquidity Slides - why is interest rate not important?
34:28 - Positive outlook for markets?
36:16 - Chinese liquidity scenario
43:08 - Does China have to devalue?
46:03 - Deficit challenges globally
47:23 - Assets to perform in current liquidity situation
49:48 - One message to takeaway from our conversation?

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.com/
Twitter - https://twitter.com/crossbordercap
LinkedIn - https://www.linkedin.com/in/michael-howell-357b1416/?originalSubdomain=uk

WTFinance -

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iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
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