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.

Blogs

Server Problems at Credit Writedowns

Edward Harrison Mar 3, 2011

Since early this morning, we have had server problems. I think using Google's Feedburner with full feed has borked our server. So until we can figure out what happened, we are switching to summary feeds. However, a link to the full article…

Economy

Charts of the Day: U.S. Unemployment above 10%, Underemployment near 20%

Edward Harrison Mar 3, 2011

With the jobs numbers coming out tomorrow, it bears noting that the official U.S. data have been marred by low labour participation rates. The reality is that while the jobs picture is improved, many of the long-time unemployed have dropped…

Economy

U.S. Initial Jobless Claims at Lowest Level in Three Years

Edward Harrison Mar 3, 2011

Initial jobless claims fell to 368,000 in the last week. This is the lowest level in nearly three years and demonstrates that the sluggish employment market is slowly improving. Yesterday, the private payroll company ADP said that the…

Political Economy

Satyajit Das: Defaults Are Needed in Euro Zone

Edward Harrison Mar 3, 2011

With yields on Portugal now above 7.4%, many are predicting Portugal will soon need a bailout because it cannot reduce its debt load with yields that high. Portugal simply cannot grow its economy fast enough to pare debt with yields that…

Business

Video: Steve Jobs Presents the iPad 2

Edward Harrison Mar 2, 2011

This thing is pretty cool. Steve Jobs definitely is staying ahead of the pack with the new iPad. It's the same price as the old one but with a dual processor ad faster graphics, dual cameras and all the bells and whistles. Here's a spec…

Business

3000 billion tons of coal off Norway’s coast

Edward Harrison Mar 2, 2011

Andy Lees writes: https://www.energybulletin.net/node/11901 suggests that Norway is sitting on 3trn tons of coal on the Norwegian shelf which compares with today’s 900bn tons of proven world reserves. “By injecting oxygen we can…

Markets

Does the rise in UK house prices change the underlying picture?

Edward Harrison Mar 2, 2011

Nationwide Chief Economist Robert Gardner doesn't think so? Yesterday, he spoke on CNBC Europe about why he sees continued housing stagnation in the UK. Gardner says an improvement in the labour market is what the UK needs to see the…

Markets

Rosenberg: Fifteen Reasons To Love The Loonie

Edward Harrison Mar 2, 2011

From this morning's Breakfast with Dave missive: FIFTEEN REASONS TO LOVE THE LOONIE (WE COULDN’T STOP AT TEN!) Better growth than in the U.S.A. and without need for stimulus Responsible central bank, limiting growth in its…

Economy

Will Oil Prices Derail The Economy?

Edward Harrison Mar 2, 2011

Oil prices are on the march higher again today. Brent is trading above $115 a barrel. While WTI is now above $100. Federal Reserve Chairman Ben Bernanke does not believe the recent rise in oil prices will cause the U.S. recovery to buckle…

Business

Charlie Sheen: ‘Don’t be worried’ about me

Edward Harrison Mar 1, 2011

Sheen is definitely a funny character and has some great quotes. But personally, I think the guy is seriously delusional. Take a look at the Today Show video below. Jeff Rossen is very direct in it. It's a great interview. What do you…

Previous 1 … 354 355 356 357 358 … 779 Next