Michael Howell: Liquidity Can’t Stop A Refinancing Crisis
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- Опубліковано 29 вер 2024
- #investing #stocks #trading
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Prepare to unlock the secrets of global liquidity as Michael Howell, a maestro of market dynamics, joins us for a riveting exploration of the financial forces that shape our world. In an episode that promises a treasure trove of insights, we probe the depths of U.S. and Chinese monetary maneuvering. Marvel at the revelations of how the U.S. Federal Reserve and Treasury's actions ripple through bank reserves, influencing everything from election year economics to international strategies post-Lunar New Year in China.
Strap in as we expose the clandestine coordination between central banks, with a special emphasis on the 2016 Shanghai Accord's legacy. Howell's expertise shines as we dissect the Federal Reserve's balance sheet operations and the critical H4.1 release, illuminating its profound effects on market liquidity. We trail the breadcrumbs of shifting interest rate policies, pondering their impact across the globe's financial ecosystem, while speculating on the enigmatic underpinnings of the yield curve and the puzzling persistence of narrow credit spreads amidst rising default rates.
Concluding our journey, we navigate the fascinating interplay of traditional and emerging assets, where gold, Bitcoin, and oil prices reveal the pulse of monetary inflation and market recovery. Michael Howell's sharp analysis cuts through the noise, offering a lens into the liquidity data that drives cross-border flows and the omnipresent influence of central banks. This episode isn't just a conversation; it's a tour de force through the undercurrents of finance that dictate the future of our economy.
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Folks talk about the 'mysterious' rise of gold. Who is the worlds biggest gold producer ? china- China's investment economy was in property- ( which has stalled) and now the Chinese have moved into gold- because options for investment are limited in China. Why buy dodgy US treasuries- ask the Russians !
Few.
By or buy?
All brilliant, but the 34 min onwards on the artificially inverted yield just jaw dropping.
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It’s really confusing when you repost videos you already posted a few days ago. I notice this pattern a lot on your channel, and it’s discouraging, because I like your original content.
It may be posted multiple times because of the inability to post the data
Guys, it is time to say that the current (50 years old) FIAT system in view of debt avalanche is crippling in our eyes. The old Austrian School described it very well and claimes that at a certain level even more debt will NOT save economy. In the 70's debt levels were much, much lower. Now it is a great choice between 1. bankrupting bonds or 2. bankrupting currency. In fact many may "achieve" both. BIS has been preparing the central bank world to save their balance sheets by increasing gold purchases to off-set falling currencies or/and bonds, which are huge majority of their balance sheets.
We appreciate your long form content and expertise
You can't inflate assets to hide the printing without repercussions.
70 trillion in debt to roll over... That's wild
Few.
Michael Howell is a very diplomatic guy w/ a lot of patience!
1:20 Fed adding 2 trillion in liquidity 3:40 Yelled political. Treas and Fed wk closely together 4:30 more liquidity 6:00 how liquidity enters mkts. FN mkt no longer to raise cap but to refinance 350 trillion debt load 9:00 Japan not tightening. Yen used to undermine RMB 12:00 US trying to weaken RMB 15:20 mkt driven now mostly by liquidity, not rate expectations 16:34 Fed liquidity form 18:40 gold and liquidity 19:30 gold vs tips 20:25 monetary inflation driving up gold P 22:30 crypto sensitive to liquidity and earlier than gold, commodity to follow. China 24:30 April May surge in liquidity bc of tax rcpt 26:50 crash stocks to save treas 28:00 liquidy surge through 2025
Few.
Food bills all going up raise our retirement dam 😮we Opers get 1 percent 😮😮😮😢😢😢
Michael- The video aspect does not bring more value unless there are charts etc. Yet, there is an element of ‘connection’ between you, the viewer and the guest, which is dramatically improved with video. Only my opinion. Excellent interview with strong guest either way. Thanks for your work.
Appreciate the feedback.
Are you talking about the active switching and maximizing screen to Michael Howell? If so, I couldn't agree more. Quite annoying tbh
Fantastic discussion, thank you.
Real estate crash 😮😮
Very interesting interview! Thank you!
Many thanks 🙏 for this interesting interview ☺️ very helpful for understanding the financial system.
Great interview, but I'm not sure where the statement at 22:30 is coming from. BTC and M2 are very clearly inversely correlated.
data depending fed is not in charge anymore, the inflation is ..
Great interview. Thanks
If inflation is a big issue.... wouldn't a minimum income given to the public....solve alot of issues...print ...and give directly to the public..aka consumers
Would guaranteeing payments to the public lower inflation? No. The exact opposite. If you want disinflation or deflation then you want less spending and less lending and more dollars going to pay down existing debts.
@@deseosuho no you MISUNDERSTAND.... inflation is a given... solution is minimum income..to avoid a revolution....I know it will increase inflation
They are trianed but not all actions are created equsl
Few.
Thanks Mike!
Better non live but it works
Exquisite.
Thanks Mike
Recession 2025 bank on it - 2@24 leak RE
Few.