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The Grant Williams Podcast

The Grant Williams Podcast Ep. 46- Michael Howell PREVIEW

The Grant Williams Podcast

Grant Williams

Investing, Business:investing, Business

4.81.6K Ratings

🗓️ 13 February 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

After a hiatus forced by technical issues in the editing bay, we’re back with the first of three new episodes this week - this time featuring my special guest Michael Howell of Crossborder Capital, who returns to the show to talk about liquidity in a fast-changing market environment. After a useful primer on the different ways of thinking about liquidity as a phenomenon, Michael explains why and how Japan is the canary in the coal mine we’ve all feared it to be for so long, highlights the dangers of the crowding out of private capital in sovereign bond markets and dissects the likely fallout from a Fed pivot that he now believes is inevitable. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game and Shifts Happen, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com. Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.

Transcript

Click on a timestamp to play from that location

0:00.0

Before we get going, here's a bit where I remind you that nothing we discussed should

0:14.1

be considered as investment advice.

0:16.6

This conversation is for informational and hopefully entertainment purposes only.

0:20.6

So while we hope you find it both informative and entertaining, please do your own research

0:25.6

or speak to a financial advisor before putting a dime of your money into these crazy markets.

0:32.6

You're about to listen to a special preview edition of The Grump when he was podcast featuring

0:41.7

my very special guest Michael Howe of Cross Border Capital.

0:46.0

The subject at hand is liquidity which is more and more I think being understood as one

0:50.7

of the primary driving forces of markets of every kind, every just about every risk-asset

0:56.7

on the planet is dependent upon liquidity and nobody does a better job of Michael and

1:01.8

his firm Cross Border Capital in understanding liquidity and communicating it effectively

1:06.8

so that people have a sense of where it is, how it's changing and what that might mean

1:10.4

for risk-asset.

1:11.4

So it seemed a perfect time to have a chat with Michael and get an update on the world

1:16.4

of liquidity.

1:18.4

Every episode of The Grump when he was podcasting, including the end game, The Super

1:21.3

Terrific Happier, The Narrative Game, this week in Doom and shifts happen are available

1:26.4

to copper and silver tier subscribers at my website, GrandDashWilliams.com.

1:31.6

Copper tier subscribers can access to all the podcasts while members of the Silver tier

1:35.5

get both the podcasts and my monthly newsletter, Things That Make You Go Home.

1:40.1

So if you enjoy what you're here on the show and you'd like more high quality content

1:43.9

like it, then please do make your way over to GrandDashWilliams.com and join our exciting

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