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

Belt and Road/Plan Plans/US & PRC/Huawei/Economy

Monthly Geopolitical Comment:  US-China Rivalry Will Not End When the Trade Deal Is Signed

Trade War/Huawei/Financial Risks/Mr Science & Mr Democracy

China Banks – Reserve Requirement Ratio Cut Not Necessary, a Signal More than Anything

Asian Credit Monitor: Moody's Downgrade on China Is the First Domino to Fall

China Banks – Periphery Lender Reveals Worsening Financials

China Banks – Worsening Macro Will See Higher Bad Loans

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.


Macroeconomics

<ul>
<li>
No evidence of major monetary easing by China</li>
<li>PBoC (People’s Bank) actually withdrawing cash from money markets</li>
<li>Broader liquidity measures show at best flat-lining
</li>
<li>Tightness likely a deliberate precautionary policy during China-US trade talks</li>
<li>Consequently, more Chinese easing will likely come in second-half of 2019</li>
</ul>



No evidence of major monetary easing by China
PBoC (People’s Bank) actually withdrawing cash from money markets
Broader liquidity measures show at best flat-lining

Tightness likely a deliberate precautionary policy during China-US trade talks
Consequently, more Chinese easing will likely come in second-half of 2019


Why Is China Destroying Liquidity?