Liquidity Has Returned | Michael Howell

--Follow Michael: https://twitter.com/crossbordercapFollow Jack Farley on Twitter https://twitter.com/JackFarley96Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidanceFollow Blockworks on Twitter https://twitter.com/Blockworks_--Use code GUIDANCE20 to get 20% off Permissionless 2023 in Austin:https://blockworks.co/event/permissio...
Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:https://rb.gy/5weeyw
Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos--Timestamps:(00:00) Introduction(01:02) Rising Liquidity Is Supporting A New Bull Market(07:07) Are Shadow Quantitative Easing (QE) and Yield Curve Control Already Here?(27:06) We're In A Liquidity Cycle Upturn(32:42) Falling Inflation Has Boosted Liquidity & Price / Earnings (P/E) Multiples(40:58) Liquidity Is Rising In China & Japan(47:20) Howell's Not Very Bullish On Bonds(54:53) Stocks Will Likely Continue To Outperform Bonds(56:06) When Will The Fed Start Cutting Interest Rates?(01:00:08) Internals Of Stock Market Indicate Global Economic Slowdown Is Likely Already Behind Us(01:03:00) Liquidity Is High In Chinese Financial System(01:13:25) Inflows Into Emerging Markets Are "Very Unusual"(01:16:20) How To Measure Bank of Japan's Liquidity Injections(01:17:25) Bank of England (BOE) and European Central Bank (ECB) Are Less Important Than Fed & People's Bank of China (PBOC)(01:18:29) The Fiscal Endgame (Rates Have To Stay High To Prevent Further Debt Build-up)(01:31:42) When Will Shadow Quantitative Easing (QE) Turn Into Outright QE?--Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.