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

US 10yr Yield Low and Turn Target Amid Pattern Risk

Hello The End? Why US Rates Could Fall Back to 1.5%

US 10yr Triangle Geared for a Power Breakout

The Fed's Dovish Policy Pivot and Treasury Yields Yields

Is The Fed Spiking The Punch Bowl In The Late Hours Of The Party?

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.


FX & Rates

<ul>
<li style="text-align: left;">
<em>‘</em>True’ Fed Funds policy rates (incorporating the effects of QT) are nearer 5-6% than the stated 2½% </li>
<li style="text-align: left;">‘Tight’ monetary stance is unsustainable and will be followed by a substantial monetary easing</li>
<li style="text-align: left;">Structural shortage of ‘safe’ assets and soft economy will underpin bond returns</li>
<li style="text-align: left;">Expect a yield curve steepening, led by falling near-term maturities, and rising bond market volatility </li>
</ul>



‘True’ Fed Funds policy rates (incorporating the effects of QT) are nearer 5-6% than the stated 2½% 
‘Tight’ monetary stance is unsustainable and will be followed by a substantial monetary easing
Structural shortage of ‘safe’ assets and soft economy will underpin bond returns
Expect a yield curve steepening, led by falling near-term maturities, and rising bond market volatility 


iShares 20+ Year Treasury Bond ETF (TLT US)

US Monetary Policy After The ‘Great U-Turn’

US Treasury (10 Yr Generic)

US Monetary Policy After The ‘Great U-Turn’