Michael Howell (@crossbordercap), CEO of CrossBorder Capital, an investment advisory firm, and author of the book, “Capital Wars: The Rise Of Global Liquidity,” joins Julia La Roche on episode 96 to discuss what's happening in the bond market. Howell recently shared a piece on his Substack, "It's Bonds, Not Banks, That Look Dangerous." Read the piece here: https://capitalwars.substack.com/p/its-bonds-not-banks-that-look-dangerous Links: Website: http://www.crossbordercapital.com/ Twitter: https://twitter.com/crossbordercap Substack: https://capitalwars.substack.com/ Book: https://www.amazon.com/Capital-Wars-Rise-Global-Liquidity/dp/3030392902 0:00 Intro 1:02 Macro view today 2:26 Why is the bond market so important 6:40 Pressures in the bond market 10:15 Term premia 14:43 BRIC economies’ gold-backed currency 16:16 Who is going to want to buy the Treasuries? 19:00 Bond market is distorted 22:50 US dollar 27:30 Liquidity
#208 Chris Whalen: It's a Funny Time In Markets With No Clear Direction
#207 Dr. Gary Shilling On The Odds Of A Recession, Hidden Flaws In The Economy, And The 'Debt Bomb' Coming In The U.S.
#206 Grant Williams: Confusion, Division, & Loss of Trust — How And Why The Investment World Has Changed
#205 Jim Bianco: On Why The Market Is Signaling The Fed's Rate Cuts Are A Mistake, What's Really Going On In The Labor Market, And Why Inflation Is Here To Stay
#204 David Woo: 'So Many Things Can Go Wrong' — The Market Is Too Complacent Right Now About The Risk Of Israel-Iran War. Buy Your Investment Protection Before The Election.
#203 "It Reminds Me Most of 2007" — David Rosenberg on Market Bubbles and Economic Illusions
#202 Steve Hanke: A Recession Is Still On The Way — What the Money Supply Tells Us About The Economy
#201 Eric Basmajian On What's Really Going On With The Economy Right Now
#200 Chris Whalen: The Fed 'Jumped The Shark' With Its Rate Cut
#199 Josh Brown: You Weren't Supposed To See That
#198 Raoul Pal On The Economic Singularity: "We've Got 6 Years To Make As Much Money As We Possibly Can"
#197 Bill Fleckenstein On Why The Fed's Rate Cut Was A Mistake, The End Game For The Activist Central Bank Era, And The Psychology Of Market Bubbles
#196 Brent Johnson, Creator of The Dollar Milkshake Theory, Explains How The Global Economy Is 'One Big Carry Trade'
#195 Chris Whalen On Why The Fed Is Afraid To Really Fight Inflation
#194 Dr. Art Laffer: If Trump Wins And Follows The Economic Policies Of His First Term We Could See A Renaissance In America
#193 'The Bulls Are No Longer In Charge' — Tom McClellan On What The Market Is Signaling Right Now
#192 Dr. Lacy Hunt On What The Huge Downward Revision In The Jobs Data Means For The Economy
#191 Ted Oakley On Deep Market Selloffs: 'If You Don't Have Any Liquidity, It's Not An Opportunity For You'
#190 Brian Wesbury: 'The Morphine Is Wearing Off' And We're Headed For Recession And A Market Correction
#189 Rick Rule On Paying Attention To The Warning Signs In The Economy And Insuring Against Collective Stupidity
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