Cross-Asset Liquidity Strategist, CrossBorder Capital

Michael J. Howell

CrossBorder Capital an investment advisory firm specialising in macro-investing. Founded in 1996 with an international client base, CrossBorder focuses on monitoring and understanding global liquidity and capital flows. Our proprietary databases (available to clients) cover 80 countries in depth from 1980 onwards. We take a systematic quantitative methodology that uses this data with AI models to predict financial market movements. The efficacy of our data has been independently verified, and we have an associated but separate asset management division.

Cross-Asset Liquidity Strategist

STAN - Stage 2 Loans Surge | Expect Migration to Stage 3 Loans | Credit Costs Can Move 50% Higher

DBS - Fines, Negative Loan Growth, Greater China CRE Risks, UOB & STAN & HSBC Illustrative

FX Nugget: Can the PBoC defy gravity? 7.30 watch

Global Liquidity: Where Are We In The Cycle?

The Eventual Shift in Fed Policy: When & By How Much?

Fed Policy Outlook: Could Housing's Resilience Force a Higher Inflation Target?

Implementing Research Using Alt Data & AI

CrossBorder Capital

CrossBorder Capital is a London-based independent investment advisory firm. Founded in 1996, it exploits a gap in the investment arena by focusing on Central bank liquidity. 

It specialises in the monitoring and analysis of global liquidity flows - an important determinant of asset prices, from currencies through to bonds, equities and real estate.

CrossBorder Capital implements its investment strategy and currently manages over US$ 350m.


Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>The popular ‘End of China’ narrative is wide-of-the mark. China has suffered a self-induced (Western-style) demand slowdown to protect the Yuan</li>
<li>2023 seems to have brought in a new policy regime that emphasizes domestic GDP growth over a rigid exchange rate</li>
<li>Watching liquidity is crucial. Latest evidence shows the People’s Bank injecting substantial funds back into domestic money market. Expect a coming cyclical pick-up</li>
</ul>


The popular ‘End of China’ narrative is wide-of-the mark. China has suffered a self-induced (Western-style) demand slowdown to protect the Yuan
2023 seems to have brought in a new policy regime that emphasizes domestic GDP growth over a rigid exchange rate
Watching liquidity is crucial. Latest evidence shows the People’s Bank injecting substantial funds back into domestic money market. Expect a coming cyclical pick-up


Shanghai Stock Exchange Composite Index (SHCOMP INDEX)

‘The End of China’ Narrative Is Completely Wrong: Think Liquidity, Think Cycle