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.

Economy

Hatzius pegs a double dip at only 25 percent

Edward Harrison Sep 13, 2010

Here's Jan Hatzius, Chief US Economist at Goldman, talking to Steve Liesman on CNBC talking about the economy and taxes (Hat tip Joe Weisenthal). Hatzius sees significant growth risks but is more sanguine on a multi-year recovery scenario…

Economy

Hussman: Watch the lagging indicators

Edward Harrison Sep 13, 2010

John Hussman is not buying the recent risk-on sentiment that has developed since September began. For example, retail sales numbers are to be released tomorrow. Marc Chandler has said that a number above consensus estimates of 0.3%…

News

On Recent Positive Economic Data and Other Links

Edward Harrison Sep 13, 2010

Topic of the Day: Positive Economic Data A few positive developments to highlight today. The data from China were generally good. Marc Chandler has the summary. Chinese Data Provides Boost to Risk Rally | Credit Writedowns Data…

Political Economy

The Sustainability of Global Recovery

Edward Harrison Sep 12, 2010

Now that I am back in the saddle, I am going to start doing my week in review narratives again with links to the most newsworthy posts from the past week or so. On second thought, let me actually cover the ground back to the beginning of…

News

Links: 2010-09-12

Edward Harrison Sep 12, 2010

Will the day come soon again when the economic news is more upbeat? Here's hoping it does. The Usual Fare Anticipating the End of a Weak Recovery | Credit Writedowns Does History Repeat, Rhyme or Just Have Coincidences? | John…

Economy

Anticipating the End of a Weak Recovery

Edward Harrison Sep 12, 2010

By most estimates, the statistical recovery which began in the second half of 2009 in the US has been weak. Many had been talking about a V-shaped recovery early this year. However, given the magnitude of the imbalances in the U.S. leading…

Economy

Meredith Whitney on C-Span

Edward Harrison Sep 11, 2010

This is an interview Whitney did on C-Span last week. It runs an hour and therefore gives you a very comprehensive look at her views on the financial sector and the economy. Enjoy.

News

Beware of Greeks Bearing Bonds and Other Links

Edward Harrison Sep 11, 2010

Topic of the Day: Greece (Wait for the parable of the story: "the smart person accepts. the idiot insists." Classis tale by Michael Lewis.) Beware of Greeks Bearing Bonds | Business | Vanity Fair The Usual Fare…

Economy

More on why jobless claims aren’t yet signalling double dip

Edward Harrison Sep 10, 2010

Jobless claims have been quite elevated of late, averaging around 450-480,000 for the past few months. While these are worrying figures, they do not in and of themselves point to recession. In my last post I used a chart of the year-on-year…

News

On How The Cuban Model Doesn’t Work And Other Links

Edward Harrison Sep 10, 2010

Topic of the Day: Cuba Fidel: 'Cuban Model Doesn't Even Work For Us Anymore' - International - The Atlantic Castro: I Was Wrong During Cuban Missile Crisis - International - The Atlantic Fidel to Ahmadinejad: 'Stop Slandering…

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