GM69: The Global Economy from a Liquidity Perspective ft. Michael Howell

This podcast episode features Michael Howell discussing the pivotal role of global liquidity in shaping asset markets and the broader global economy, illustrating how the flow of funds and the actions of central banks influence market dynamics. Howell elaborates on the intricate liquidity cycle, emphasizing that changes instigated by central banks have a delayed but profound impact on asset valuations. He connects historical trends, particularly since the 2008 financial crisis, to current economic conditions while addressing the complexities of yield curves, debt refinancing, and inflation. The episode provides insights into strategic market positioning, particularly reflecting on monetary inflation's implications and possible geopolitical maneuvers, making a compelling case for investors to navigate these challenges with an informed perspective.