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

On Europe’s debt crisis

Edward Harrison Apr 10, 2012

Below is the video clip from 60 Minuted giving the average viewer a better sense of what is going on in Europe right now. The video is timely given the problems Spain and Italy are having with their government debt levels rising. Spain is…

Daily

Daily Commentary: The Pain in Spain

Edward Harrison Apr 10, 2012

Spain has really hit the wall now. Given what we know of how the sovereign debt crisis has proceeded. The likelihood that Spain can escape from the rise in yields without ECB or EU-wide intervention is slim.

Markets

Chart of the Day: Flight to safety – German Bunds edition

Edward Harrison Apr 10, 2012

The German 2-year note has dropped below Japan's for the first time ever, with the German 2-year note yielding 0.109%, a record low. Japan's 2-year note yield is 0.111%. Meanwhile, the 10-year bund is at 1.638%, nearing the record low of…

Economy

Spain is in big trouble

Edward Harrison Apr 10, 2012

This week's weekly commentary on markets and the economy features Spain. In my view, the potential for downside economic and portfolio risk has increased markedly as we realise that Spain is at risk and there is no plan B in the euro zone.…

Markets

Chart of the Day: Earnings Growth

Edward Harrison Apr 9, 2012

This chart from the Wall Street Journal explains visually what worries me about the supercharged run up in the S&P500. While the index is increasing, earnings growth is not.

Daily

Daily Commentary: Sell in May and Go Away

Edward Harrison Apr 5, 2012

I continue to believe that US share prices are based on a benign if not an optimistic view of the macro environment. If we see anything less, I believe US shares will be the ones to pull back most as opposed to European ones.

Political Economy

Death of pensioner sparks protests in Greece: Video

Edward Harrison Apr 5, 2012

"The anger that prompted Christoulas to take his own life in Syntagma Square in view of the Greek parliament is shared by much of the middle-class and low-income Greeks who have carried a disproportionate burden of the stringent tax…

Daily

Daily Commentary: Fed policy

Edward Harrison Apr 4, 2012

The Fed is in a tough spot. They want to do more. Things are unravelling in Europe and the slowdown in Brazil, India and China is well-advanced. While the jobs outlook has improved in the US, there is still considerable slack in labor…

Monetary System

Video: Steve Keen on modelling and the Krugman debate

Edward Harrison Apr 4, 2012

I think this video is worth watching because Keen gets to the heart of the issues with the standard approach to economics. He says that banks, money and debt are front and center in reality as we now see after the crisis. Consequently, they…

Monetary System

Alan Blinder gets it

Edward Harrison Apr 4, 2012

I caught this statement from Alan Blinder in a debate on the New York Times about teaching economics. Clearly, Blinder sees a huge financial crisis and reflexively understands changes must be made.

Previous 1 … 239 240 241 242 243 … 779 Next