The Pragmatic Investor

My guest today is Michael Howell , the author of Capital Wars. He understands Global Liquidity and its effects on markets better than anyone I know, and I got the chance to pick his brains for an hour in this conversation.

Expect to learn:

* How Trump’s presidency will affect markets in 2025

* The outlook for liquidity

* Risks to global liquidity as debt refinancing comes due

* Best assets to hold short and long-term

Check out Michael’s work:

https://substack.com/@capitalwars

https://www.crossbordercapital.com/

https://x.com/crossbordercap