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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.

News

Weekend Links: 2009-09-19

Edward Harrison
FT Alphaville - Is all well at Wells Fargo? Wells Fargo is starting to pay for its tight-lipped limited disclosure policy. From Bear to Bull: James Grant on Recession and Recovery - WSJ.com I don't agree with Grant , but here it is.…
Markets

Way too much risk in the equity market

Edward Harrison
Following up on my “Sell equities” post, I want to highlight a factoid from today’s David Rosenberg’s Breakfast with Dave distribution. Never before has the S&P 500 rallied 60% from a low in such a short time frame as six months. And…
News

News from around the web: 2009-09-18

Edward Harrison
Bernstein: Best Value In Junky Names - CNBC.com It sounds like Bernstein is moving to the dark side. Obama Approval Stays Steady -- Political Wire "A new Pew Research survey finds President Obama's approval rate steady at 55%…
Markets

The Dollar Carry Trade

Edward Harrison
One other reason to sell the dollar is interest rates.  Why not borrow in dollars where interest rates are low and invest elsewhere where yields are high?  This is what is known as the carry trade. In the past decade, the Japanese yen…
Markets

Sell equities

Edward Harrison
In late August, I wrote a post called “Getting bearish again” in which I said that the bear market rally I had anticipated back in March was long in the tooth.  At the time, I mentioned 1026 on the S&P 500 as a sell signal. …

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