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.

News

News from around the web: 2009-09-15

Edward Harrison
Spain's Struggles Illustrate Pitfalls of Europe's Common Currency - WSJ.com "Could the divergent economic fortunes of euro-zone countries pose a problem for the currency union itself?" Economist's View: "For All Obama's…
Markets

Kass: Bearish on equities

Edward Harrison
This comes via TheStreet.com and Doug Kass, a noted market strategist: Many strategists (both bullish and bearish) assume that a fair value P/E multiple -- based on interest rates and inflation -- rests at about 15.5 times. Averaging…
News

News from around the web: 2009-09-14

Edward Harrison
'False dawn' in UK housing market "It's tempting to call the turn in the mortgage market at this point, and there is certainly concrete evidence that lending for house purchase is increasing," said the CML's economist Paul…
News

News from around the web: 2009-09-13

Edward Harrison
Magna wants to cut 10,500 jobs: report I guarantee you the job cuts will be disproportionately outside Germany. Economic crisis not over yet: IMF chief But if you listened to Larry Summers you'd think we were out of the woods. It…
News

Weekend Links: 2009-09-12

Edward Harrison
Three failed banks this weekend. The big one is Corus: assets of $7 billion. FDIC: Failed Bank Information - Bank Closing Information for Venture Bank, Lacey, WA "As of July 28, 2009, Venture Bank had total assets of $970 million…
Economy

Is economic boom around the corner?

Edward Harrison
This September 2009 post still describes my general view on the U.S. economy. If I wrote it today, I would be more bearish medium-term because it is obvious that in 2010 fiscal and monetary policy will become less supportive of recovery.…

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