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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.

Political Economy

Anne Applebaum: “Political instability will follow economic instability like night follows…

Edward Harrison Oct 21, 2008

While I am markedly more upbeat of late about economic matters, I still harbor some deep concerns about the direction of both the global economy and resultant political stability. The Washington Post columnist Anne Applebaum has summed…

Economy

Goldman’s need to change

Edward Harrison Oct 21, 2008

Bloomberg's Lisa Kassenaar and Christine Harper have written a good, long article about Goldman Sachs, how it dealt with crisis, and what led the venerated firm to the brink of collapse despite being the best run firm on Wall Street.…

Economy

Writedown news: 21 Oct 2008

Edward Harrison Oct 21, 2008

Writedowns continued unabated despite the easing global credit markets. While we should see a bear market rally due to this easing, the ill effects of a global recession and new concerns in emerging markets and Asia will cause writedowns…

Markets

Credit markets are easing again

Edward Harrison Oct 21, 2008

Credit markets continue to return to less extreme levels. While we are nowhere near where we were before the onset of the Lehman-induced panic, we are well off the panic levels of the worst of the crisis.The Times of London is reporting…

Economy

A shift to Eastern Europe and emerging markets too

Edward Harrison Oct 21, 2008

Yesterday, I made the case for us to be less concerned about the U.S. and even Western Europe, but to be very concerned about a slowdown in Asia. The reasons for this are simple: most analysts now understand the extent of problems in the…

Markets

Sprint: an example of stocks beaten down in the bear market

Edward Harrison Oct 21, 2008

Yesterday, I said I am selectively bullish on stocks and bonds. Prices have come down s far that a number of companies are trading under book value. This suggests that investors are so fearful that they are selling anything or that they…

Political Economy

Fed is buying money market fund assets

Edward Harrison Oct 21, 2008

The Federal Reserve and its fellow central banks are pulling out all the stops to make sure the panic phase of this crisis is well and truly over. These kinds of moves are already having results as Libor and Euribor (the rate at whch banks…

Economy

Patrick Buchanan: Powell’s endorsement of Obama is about race

Edward Harrison Oct 21, 2008

Race has a way of inserting itself into almost everything in America. I have always found this troubling. In this particular Presidential election, it should be the economy here, the economy there, the economy everywhere. Yet, we also…

Political Economy

Paul Volcker: Obama’s other economic advisor

Edward Harrison Oct 21, 2008

I caught a story in the Wall Street Journal today about Paul Volcker's impact on the Obama campaign that bears passing on (hat tip Barry Ritholtz). One reason people have become more comfortable with Obama over time is because his economic…

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