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.

Political Economy

Theresa May: Britain will definitely leave the EU

Edward Harrison Jan 17, 2017

British Prime Minister Theresa May set out details for her vision regarding the UK’s relationship with the EU In a speech today that will please those that campaigned to leave the EU. The Prime Minster, as expected, made clear that this…

Political Economy

Hammond’s ‘whatever it takes’ strategy for a hard Brexit

Edward Harrison Jan 15, 2017

On Friday, I wrote why, unlike Bank of England Governor Mark Carney, I believe the economic threat of Brexit to the British economy is now higher. The gist of my remarks was that an actual trigger of Article 50 under hard Brexit…

Political Economy

Why the Brexit risk is now higher, not lower

Edward Harrison Jan 13, 2017

When the Brexit vote first happened, I indicated that I didn’t see the huge risk to the UK that others did. In fact, I thought the initial tail risks were elsewhere, like the Italian banking system. The economic risks for the UK were always…

Political Economy

The potential for military confrontation due to Trump’s foreign policy

Edward Harrison Jan 13, 2017

A few weeks ago I was writing about a likely pivot away from China toward Russia in the Trump administration. And my conclusion was that a violent pivot created a lot of unknown unknowns - to use a Rumsfeld phrase. It is the uncertainty and…

Political Economy

The country to watch in 2017 is Turkey

Edward Harrison Jan 11, 2017

If I could name three countries that will be particularly difficult for the US to deal with geopolitically, I would pick Russia, China and Turkey. The first two are obvious choices but the third is going to be equally tricky because of the…

Political Economy

Monetary offset, the strong dollar and China’s currency manipulation

Edward Harrison Jan 9, 2017

With the Fed talking up the likelihood of three rate hikes in 2017 while other central banks are still in easing mode, the potential for a US dollar rout and a concomitant closing of the US trade deficit is pretty low. Therefore, given…

Political Economy

No one talks about Eurobonds anymore. Here’s why

Edward Harrison Jan 6, 2017

Eurobonds are one way of tying the fortunes of eurozone countries together by eliminating - or at least greatly reducing - default risk. The thinking is that if you have a common currency and free labour movement and you still don’t have…

Political Economy

Donald Trump the risk taker, trade war edition

Edward Harrison Jan 4, 2017

This is a follow-up to yesterday’s post about Donald Trump and confirmation bias. But it’s going to be a different beast altogether because here’s where I am going to lay out my thinking about Trump and trade. Let me cut to the chase. I…

Economy

Donald Trump the risk taker, confirmation bias edition

Edward Harrison Jan 4, 2017

My narrative is going to be that Trump is a risk taker. And the conclusion I have drawn is that this risk taking will lead to big surprises — some of them negative, but some positive. Afterwards, rather than give you a bunch of confirming…

Political Economy

More on the coming trade war with China

Edward Harrison Dec 22, 2016

On Monday, I wrote a piece outlining how the US has pivoted away from China toward Russia. And the conclusion I drew from the circumstances was that this pivot will create a lot of geopolitical and economic uncertainty depending both on the…

Previous 1 … 88 89 90 91 92 … 779 Next