My last weekly said the hand-in-hand Fed activism and fiscal activism via Obama's mortgage proposal is bullish. Let me add a bit of colour here.
I never say anywhere that I advocate the policy. My goal is not to advocate one economic policy over another per se, but rather to figure out what is likely to occur and what the consequences will be for the economy, business, households and investors.
What I do think here is that the proposed policy response will goose the economy (and asset pric...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.