The equities relief rally
Yesterday was a relief rally in stocks due to the China-US trade truce deal at the Buenos Aires G-20 meeting over the weekend. But this truce is not that significant economically. As I indicated yesterday, though, this deal was very amorphous, very squishy. The quid pro qu...
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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.