- Marty Bent -- Host, TFTC podcast
- Michael Howell -- Founder of CrossBorder Capital (35+ years tracking global liquidity), author of the Capital Wars Substack, creator of the Global Liquidity Index (GLI)
Global liquidity has peaked at $188.8 trillion (all-time high) but the momentum/growth rate is now declining. The liquidity cycle oscillates with a ~5-6 year frequency; after a 3+ year upswing, a multi-year downswing is likely beginning. This has direct implications for risk assets, especially Bitcoin.