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

Agghhh.. Tighter Central Banks, Wobbly China!

Chinese Monetary Policy Is Loose And It Is Unlikely To 'Tighten' in 2018

Why Is Consensus So Wrong On The US Dollar?

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

Cross-border capital flows have done it again. Asia '97. Lehman '08 and now a US Treasury-led sell-off in '18. The danger signs have been the extraordinary valuations put on US 'safe' assets, namely 10-year governments (negative term premia!) and the still overvalued USD. The sell-off will be sharp as these distortions unwind, but this will not signal the end of the bull market, at least not for Asia where thanks to China, it may only just be getting going. Our take, using liquidity and capital…

Cross-border capital flows have done it again. Asia '97. Lehman '08 and now a US Treasury-led sell-off in '18. The danger signs have been the extraordinary valuations put on US 'safe' assets, namely 10-year governments (negative term premia!) and the still overvalued USD. The sell-off will be sharp as these distortions unwind, but this will not signal the end of the bull market, at least not for Asia where thanks to China, it may only just be getting going. Our take, using liquidity and capital…

Update on the Bear -- Too Much Capital Concentration