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.

Monetary System

More bullish data from manufacturing

Edward Harrison Dec 1, 2009

The latest ISM numbers are in for the U.S., showing that the manufacturing sector expanded for a fourth consecutive month in November. The overall number was weaker in November at 53.6 than last month’s 55.7. But both new orders and…

Economy

Nationwide: UK house prices up for seventh straight month

Edward Harrison Dec 1, 2009

House prices in Britain rose another 0.5% in November, putting them up 2.7% year-on-year. This is the seventh consecutive month of gains. All of the charts are looking spectacularly good. The only fly in the ointment is employment. …

Economy

John Hussman on Reckless Myopia

Edward Harrison Dec 1, 2009

Below is another great article from John Mauldin via his weekly newsletter, this time featuring John Hussman who is talking double dip and depression. My last post shows I am very concerned about this scenario – which I see as likely - and…

Economy

News from this day in 1930: “the decline is nearing its end”

Edward Harrison Dec 1, 2009

From the site News from 1930: National City Bank notes epidemic of bank failures, and that “processes of deflation operate in a vicious circle” but is nevertheless optimistic: “obviously this sort of thing has to come to an end some…

Economy

On the sovereign debt crisis and the debt servicing cost mentality

Edward Harrison Dec 1, 2009

As we discuss sovereign debt levels, currencies and competitiveness, it bears remembering that interest rates are at the heart of many of these debates. To the degree debt service costs are the only measure used to determine how high a…

News

News from around the web: 2009-12-01

Edward Harrison Dec 1, 2009

Morgan Stanley fears UK sovereign debt crisis in 2010 - Telegraph Goldman Staff Packing Pistols to Defend Against Peasants - Yves Smith FT.com | Willem Buiter's Maverecon | Πάντα ῥεῖ (Mavercon is dead.) interfluidity - Good…

Monetary System

James Galbraith: How financial stability creates instability

Edward Harrison Dec 1, 2009

Below are three videos from a talk at the 2009 Economics of Peace Conference in Sonoma, CA, where James Galbraith talks about the Hyman Minsky concept of the instability of stability. This concept is fundamental to the behavioural…

News

News from around the web: 2009-11-30

Edward Harrison Nov 30, 2009

These past few days saw some light posting. As December hits, I hope to be back up-to-speed with more posts. In the meantime, here are today’s links. How President Obama Can Take Back His Presidency -- New York Magazine Cristiano…

Business

Black Friday activity in heat map graphical form

Edward Harrison Nov 30, 2009

If you want to get a leading indicator of how retailers are doing, going online is definitely the best way to get up-to-the-minute data. Not only is the data coming out of online retailers much more real-time, there has also been a huge…

Economy

New Citigroup maven Buiter warns of sovereign debt delusion

Edward Harrison Nov 30, 2009

This post from November 2009 is a reminder of how things looked in the sovereign debt crisis just a few months ago.

Previous 1 … 508 509 510 511 512 … 779 Next