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.

Markets

Technical Analysis: S&P500 Trendline Broken To Downside

Edward Harrison May 23, 2011

This note from Andy Lee shows a potentially bearish trend developing in the US stock market, with the S&P500 breaking down below it’s long-term trendline since the Federal Reserve started its second campaign of quantitative easing.

Economy

Stephen Colbert: Newt Gingrich is not done (satire)

Edward Harrison May 20, 2011

This is good satire from Stephen Colbert. It reminds me a little of Conan, William Shatner and Sarah Palin doing their poetry readings in 2010.

Markets

Jim Chanos on China: ‘The Cracks are Spreading’

Edward Harrison May 19, 2011

Jim Chanos sees a slowdown in residential property sales coupled with declining prices. Real estate companies are starting to close down. He argued on CNBC yesterday that this means the first signs of a Chinese slowdown are showing. Video…

Markets

This is why a global slowdown will hit by summer

Edward Harrison May 18, 2011

So, the data are weakening. What does that portend for the rest of the year? Lakshman Achuthan of the ECRI thinks it means a serious global slowdown. Below is a recent interview he did on Yahoo's Tech Ticker explaining why.

Monetary System

Koo says QE2 drove speculation, but what about the real economy?

Edward Harrison May 18, 2011

So, the Fed has basically just announced it will stop QE2. It will then start selling Treasuries. And remember, this is at the same time the Treasury is selling $10 billion a month in mortgage securities. Only after this will rates be…

Markets

El-Erian on Investing in Periods of Financial Repression

Edward Harrison May 17, 2011

Financial repression leads to investors' leveraging up, moving abroad, moving out on the risk curve or moving into riskier asset classes. Apparently, Pimco is employing all of these strategies. Will it work, though? I say greater risk…

Markets

Why is Google issuing bonds?

Edward Harrison May 16, 2011

Google is loaded o the gills with cash, yet today they are pricing up a bond issue. he Financial Times is reporting that Google will raise as much as $3 billion of 3, 5 and 10-year money. Here's my question: why do this? Acquisition:…

Economy

More on the China-bearish ‘factor mobilisation story’

Edward Harrison May 16, 2011

There is a difference between economic growth from mere factor mobilisation and economic growth from increased productivity. One requires a lot more capital investment and debt than the other. If and when capital investment growth slows,…

Political Economy

How Political Bias Alters Economic Understanding

Edward Harrison May 16, 2011

If the facts go against us, we just dismiss them by selective editing or simply making stuff up to support our original thinking. When it comes to politics, when it comes to economics, the facts don't really matter. Human reasoning is not…

Markets

Pimco’s strategy for counteracting the end of a bond bull market

Edward Harrison May 16, 2011

Arguably the 30 year US bull market in bonds is at a close. What's clear is that yields are exceedingly low and real yields are now negative. In effect bondholders are often paying the US government to lend funds when inflation is taking…

Previous 1 … 338 339 340 341 342 … 779 Next