Articles By: Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. 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. Edward also writes a premium financial newsletter. Sign up here for a free trial.

Find more on:

Here are my most recent posts

The disaster in Europe versus data in the US (plus China and Argentina)

The disaster in Europe versus data in the US (plus China and Argentina)

Despite the title, this is not a mono-themed post but more of a highlight of recent news and data and their importance in interpreting the direction of the economy and potential effect on markets. I do want to concentrate on European and US data but I also have some data points from elsewhere. Let’s start with Europe. Europe needs a […]

Read more ›
Cyclical recovery petering out before it hits middle class

Cyclical recovery petering out before it hits middle class

Before I get into the details today, I want to note that going forward, I may not have the bandwidth to be able to post on a daily basis. I am going to try. But there are definitely going to be weekdays going forward where I won’t be able to post given other commitments I am making. I don’t want […]

Read more ›
Edward Harrison’s Ten Surprises for 2014, Update 2

Edward Harrison’s Ten Surprises for 2014, Update 2

Today is the time to update you on how my 2014 surprises are faring and why. Just to remind you, the surprise list is based on Byron Wien’s list of ten surprises which he has been conducting for the last thirty years. Surprises are events to which investors assign 1-in-3 odds of happening but which I believe have a more […]

Read more ›
My thoughts on weakness in Europe and China

My thoughts on weakness in Europe and China

I am back from my summer holiday. There has been a lot of news in the time since I last posted. And the news flow is coming from a lot of different places. So, let me start up again with a post highlighting what I think are some of the key macro issues in a number of countries around the […]

Read more ›
“I am determined that the American dollar must never again be a hostage in the hands of  international speculators”

“I am determined that the American dollar must never again be a hostage in the hands of international speculators”

Below is the video of Richard Nixon closing the gold window exactly 43 years ago to day. Hat tip to Raja Korman

Read more ›
Some brief thoughts on private debt, financial fragility and economic growth

Some brief thoughts on private debt, financial fragility and economic growth

I am very interested in the intersection of private debt, financial fragility and economic growth because I believe this intersection is pivotal in understanding whether the secular forces which led to the Great Financial Crisis have been arrested. I want to use Ireland as a jumping off point here for a wider questioning. [Content protected for Gold members only] In […]

Read more ›
Links: 2014-08-04

Links: 2014-08-04

China dumps Symantec, Kaspersky Lab from approved vendors – CNET ekathimerini.com | Moody’s upgrades Greece by two notches China Services Index Drops to Six-Month Low on Property – Bloomberg We owe five times more than we did in 2008 – Independent.ie Enough Russian Roulette with Nuclear Fire | Ian Welsh BES seniors fly; sub capitulates | Capital City | IFRe […]

Read more ›
Economic and market themes: 2014-08-01 US, China, Argentina, France

Economic and market themes: 2014-08-01 US, China, Argentina, France

This week’s economic and market themes piece is going to be a little shorter than usual because I have covered a lot of the major topics earlier in the week. [Content protected for Gold members only] My take here is that France and Italy are the countries to watch in Europe. Watch Italy because it is in a precarious position, […]

Read more ›
Links: 2014-08-01

Links: 2014-08-01

Puerto Rico Power Authority in Deal With Banks to Defer Loan Payments – WSJ Argentina accuses US of judicial malpractice for triggering needless default – Telegraph History Suggests China Is on Verge of Banking Crisis – China Real Time Report – WSJ China’s factories spring to life as global trade reawakens | Reuters Europe’s ‘sick man’ France dealt another blow […]

Read more ›
Upbeat cyclical trends are juxtaposed to underlying financial fragility

Upbeat cyclical trends are juxtaposed to underlying financial fragility

This post is on the same topic of the US economy that I addressed yesterday. But I want to go a bit deeper and add more colour to my comments. Signs that the US economy’s cyclical outlook are improving are getting ever more numerous, especially when we look at the labor market. Jobs numbers In the US, jobless claims came […]

Read more ›
Links: 2014-07-31

Links: 2014-07-31

FYI: After the tech links, there is at least one link in this lot that I do not endorse but do think is required reading. Android crypto blunder exposes users to highly privileged malware | Ars Technica Tor received $1.8 million in US federal funds last year, while the NSA tried to crack it | The Verge Twitter’s Big Second […]

Read more ›
US GDP numbers and Russian sanctions scenarios

US GDP numbers and Russian sanctions scenarios

The bottom line here is that I have been and still am bullish on the cyclical prospects in the US, UK and Spain in particular. The US jobless claims numbers are unusually low and that tells you that slack in the labour market is declining. Moreover, we are likely to see inventory builds here, adding to more momentum. Nonetheless, I do have two caveats for the US.

Read more ›