# @tastyliveshow on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=1wcD8QpyXEs
- **Gondola URL:** https://gondola.cc/posts/67717969-tastyliveshow-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/b9f25627d8.jpg
- **Posted:** 2026-07-13T19:00:08.000+00:00
- **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow

## Caption

Stock market and macro analysis: Michael Howell from CrossBorder Capital tracks global liquidity and says we are late cycle with signs everywhere. Bond markets are weak, commodity markets are breaking out, yield curves are flattening, and speculative stocks are spiking. His key insight: money supply metrics like M1 and M2 are speeding up, but that means money is going into the real economy, not financial markets. Bitcoin and gold weakness confirms it. Copper breaking out versus precious metals is the classic late-cycle signal. He is bullish on the economy but not on stocks, and warns that a bearish flattening of the yield curve could crush banks right as they report earnings.

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Chapters
00:00 Michael Howell joins: late cycle signs everywhere
00:36 Bonds weak, commodities strong, speculative stocks spiking
01:02 This is the speculation phase, low quality returns
01:28 Base metals breaking out versus precious metals
02:15 Money supply is rising but going into the real economy
02:33 Copper versus gold breakout confirms a strong economy
03:06 Tech this strong is unusual for this stage of the cycle
03:30 The liquidity cycle is rolling over for financial assets
04:16 CME FedWatch: 25bps hike highly probable
04:45 Banks only win if the curve steepens
05:05 A bearish flattening crushes bank margins
05:26 Bullish on the economy, not bullish on financial markets
06:18 Bitcoin and gold weakness is the liquidity barometer
06:55 Is Bitcoin a real asset or a financial asset?

#tastylive #globaliquidity #latecycle #michaelhowell #commodities #copper #gold #bitcoin #bankearnings #macro

tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran.

tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/.

Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request.

tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.

## Stats

- **Views:** 510
- **Likes:** 19
- **Shares:** 0
- **Comments:** 1

## Tags

michaelhowell, macro, globaliquidity, bankearnings, latecycle, bitcoin, commodities, gold, copper, tastylive

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