I am still deciding what this week's weekly post will be on. Clearly, I need to write a bit more substantively about QE3 than I have so far. And I have two media appearances from last week to use to update you on my viewpoint.
The broad gist of what I think is that QE3 is a nice backstop for risk assets, especially mortgage-backed securities. But, ultimately it has limited feed through into the real economy. Without any fiscal action to add to it, the economy is likely to keep on a slow growth ...
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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.