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

US GDP shrinks 0.3% in Q3

Edward Harrison
I won't be able to comment here until later today when I will update this post. But I wanted to report that U.S. GDP shrank 0.3% in Q3, less than the 0.5% median forecast. Now, when it comes to government statistics like GDP, the devil's…
Economy

The experience canard

Edward Harrison
As we head into the final stretch leading up to the U.S. presidential election, I wanted to throw a thought out there about experience and judgment. I have long been of the view that natural bias toward one or the other has a lot to do…
Markets

Markets are looking very good

Edward Harrison
This morning, the markets are looking wonderful. All the Asian markets were up with the Nikkei (Japan), Kospi (S. Korea) and Hang Seng (Hong Kong) up 10%+. The European markets were way up right out of the gate. And despite bad GDP…
News

Links: 2008-10-29 [delicious]

Edward Harrison
Beware the unwinding of the yen carry trade - FT Worse than Japan again becoming the source of almost free money, is the chance of an even more risky dollar carry trade, writes David PillingCracks appearing in Vancouver's condo boom -…
Markets

Chart of the day: Commodities

Edward Harrison
For the second day in a row we are basking in the glow of an up market (update: or at least we were until the last 12 minutes). Everyone's happy. But, some people are happier than others. And the happiest amongst the bunch are those people…
Economy

Credit crisis timeline updates

Edward Harrison
I have not posted all day because I have been spending most of the day doing site maintenance -- importing the data from the credit crisis timeline into a database, which will make it a lot easier to update, backfill and make changes to the…
News

Links: 2008-10-28 [delicious]

Edward Harrison
  PJB: Obama's First 100 Days - Patrick BuchananUndeniably, a powerful tide is running for the Democratic Party, with one week left to Election Day. Bush’s approval rating is 27 percent, just above Richard Nixon’s Watergate nadir and…

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