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.

Daily

Apple depends on the iPhone more than previously thought

Edward Harrison Jul 27, 2012

The story on Apple's margins is even more interesting when you look at how high its iPhone margins are. Analysts have calculated that the gross margins on the iPhone are nearly twice the margin on the iPad. And this suggests that Apple…

Political Economy

German MP: “Draghi is a thief of people’s savings”

Edward Harrison Jul 26, 2012

Mario Draghi's comments earlier today showing the ECB's commitment to the euro to do whatever it takes to keep the single currency intact were greeted by most with a sense of relief. In Germany, there was consternation within the German…

Daily

Auto sector’s effect on non-recession reading

Edward Harrison Jul 26, 2012

This daily will have to be quick since I am in transit. The best highlight here is jobless claims and how the auto sector is affecting both production and employment positively, potentially keeping the US from falling into outright…

Members

More on the global economic slowdown and the drop in corporate earnings

Edward Harrison Jul 26, 2012

I want to tie a few threads together regarding the synchronised global slowdown and the related drop in corporate earnings. US firms had been insulated on earnings due to not increasing staff and the global nature of their profiles. With…

Markets

Stephen Roach: Fed dangles QE3 ‘crack’ cocaine as ‘raw meat’ for markets

Edward Harrison Jul 26, 2012

Stephen Roach knows that quantitative easing represents what got us into this mess. But the market is addicted to it like an addict wanting "crack". So, the Fed is going to give the addict what it wants because advocates of easy money are…

Daily

On Apple’s tightrope walk between market share and margins

Edward Harrison Jul 25, 2012

Apple is in a market share/margin quandary that was inevitable, Steve Jobs or not.

Economy

Sandy Weill repudiates his pre crisis legacy, calls for re-instituting Glass-Steagall

Edward Harrison Jul 25, 2012

Sandy Weill repudiates his pre-crisis "financial supermarket" legacy in suggesting that banks were too big and too leveraged. He openly advocates re-instituting Glass-Steagall. He also supports mark to market.

Political Economy

Thoughts on German sentiment regarding bailouts and the euro

Edward Harrison Jul 25, 2012

I want to revisit Richard Koo's comments three weeks ago after his meeting with a number of German policymakers. I think they are illuminating in terms of why Euro crisis policy is as it is. And given the downturn in German economic…

Markets

Full text: Moody’s changes outlook to negative on German and Dutch sub-sovereigns

Edward Harrison Jul 25, 2012

Moody's Investors Service issued the following press release in connection with a ratings action on German and Dutch regional debt. The action was taken as a result of the change of each sovereign's debt to a negative outlook.

Daily

Bailout fatigue will take on increasing political importance in Europe

Edward Harrison Jul 24, 2012

I have said it in the past, but it bears repeating now in view of poor German economic data, as difficult as the austerity/bailout dance has been , it will become even more difficult in a downturn which affects Germany and other core…

Previous 1 … 218 219 220 221 222 … 779 Next