Author

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. 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.

Political Economy

Europe’s recovery and Greece’s ‘special case’

Edward Harrison Mar 24, 2015

Although the euro is now headed up after it overshot to the downside, I believe the European recovery has legs and will continue indefinitely as long as a calamity in Greece doesn’t pull Europe down.

Markets

Front-running the Fed on interest rate hikes

Edward Harrison Mar 19, 2015

The biggest takeaway from the latest Federal Reserve Open Market Committee meeting was the reduction in the ‘normal’ rate of unemployment from the 5.2-5.5% range to a 5.0-5.2% range. While the Fed did remove its ‘patient’ language regarding…

Political Economy

The Varoufakis conundrum

Edward Harrison Mar 17, 2015

I support what Yanis Varoufakis is trying to do in Greece. I see him as someone who is trying to change the debate in Europe from a narrow one about fiscal rectitude that brings out all sorts of nationalistic prejudices to a wider debate…

Technology

More on the new internet bubble

Edward Harrison Mar 17, 2015

There is definitely a technology bubble brewing. And it will end badly. Some people are going to get rich though - and not necessarily undeservedly so. Some thoughts below I am going to make this very short. Valuations in the private…

Economy

My thoughts on the latest US economic data points

Edward Harrison Mar 17, 2015

As the Federal Reserve prepares for its next open market committee meeting and statement, I want to take a look at what US data are saying about the US economy. The main focus here is going to be the underlying pace of the US economy and…

Economy

Upgrading German and European growth

Edward Harrison Mar 12, 2015

One thing to keep in mind regarding both politics and shares in Europe is that upgrades to the growth outlook are coming and more should be expected. I see Germany doing particularly well given the decline in the euro. This is positive for…

Political Economy

Losing the narrative in Greece

Edward Harrison Mar 12, 2015

Recently I told a few friends how frustrating the events unfolding in Greece are. It’s clear to most that the delays to a full restructuring in Greece reduces the net present value available to creditors. Yet, for political reasons, delay…

Markets

Euro parity and GBP and USD current account balances

Edward Harrison Mar 11, 2015

Yesterday, was a strong dollar day but it was also a euro weakness day as the euro recorded 12-year and 8-year lows versus the USD and GBP respectively. I think what we are seeing here is an emergence of the eurozone as a current account…

Political Economy

Wolfgang Schaeuble the Salesman

Edward Harrison Mar 11, 2015

When the Greek bailout extension deal got done, I mentioned that in the press conference that followed, German Finance Minister Wolfgang Schäuble made it clear he was looking to ‘sell’ the deal to the German parliament. And while he has…

Economy

EM turmoil and Eurozone laggards

Edward Harrison Mar 11, 2015

The meltdown in Brazil is not exactly unexpected since one of my ten surprises for 2014 was that Brazil goes into recession. But I find the pace of the currency reaction alarming and we should be prepared for a crisis as a result. In the…

Previous 1 … 100 101 102 103 104 … 779 Next