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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.

Economy

Weak consumer spending will last for years

Edward Harrison Aug 16, 2009

It has been my thesis for some time that we are seeing a secular change in consumption patterns in the United States. This will have grave implications for a world economy used to seeing the American consumer as an economic growth engine…

Economy

Conspicuous consumption in China

Edward Harrison Aug 16, 2009

Many economic prognosticators believe Chinese consumption growth is key to a global economic recovery. The US consumer, who had been the buyer of first and last resort during the bubble years, is tapped out and indebted. The new engine of…

News

Links: 2009-08-15 blogger edition

Edward Harrison Aug 15, 2009

As I promised, I have more links. This time they all come from posts on top finance blogs over the past day or so. I do expect to hit some of these topics in the coming days. Five questions for David Wessel | Free exchange |…

News

News from around the web: 2009-08-15

Edward Harrison Aug 15, 2009

I am still playing catch up as I return from a two-week hiatus, but I do expect to be posting more starting next week. There were a lot of interesting stories about recovery, health care, industrial production, consumer confidence…

Economy

Jobless claims: 558,000 for week ended August 8

Edward Harrison Aug 13, 2009

The Unemployment Insurance Weekly Claims Report was released this morning, showing a slight increase in initial jobless claims to 558,000. Continuing claims came in at 6.2 million, down from 6.3 million the week before. All of…

News

News from around the web: 2009-08-13

Edward Harrison Aug 13, 2009

The last post started as my news round-up but morphed into something more. Here are the news stories for this morning. I expect posting to be light again today. Cheers. Edward Economist's View: Wrong Message Obama should…

Economy

Looking beyond the fake recovery

Edward Harrison Aug 13, 2009

I have been taking a bit of a break as my trip to the Ontario’s Lake Country winds down. It’s a beautiful place. But, as Marshall Auerback and I were lamenting, it has become the Hamptons of Canada as everyone from Toronto is up…

News

News from around the web: 2009-08-11

Edward Harrison Aug 11, 2009

Posting will be light today as I will try not to be near a computer for most of the day. In the meantime, here are a few stories from around the web. Town Hall Crowd Shoots Health Message: Caroline Baum - Bloomberg.com Interview with…

Economy

Slow long-term growth, and government’s response

Edward Harrison Aug 10, 2009

This entry from Gary Shilling comes via John Mauldin’s site InvestorInsight.com where he highlights commentary from some of the best economic thinkers. Shilling, who correctly predicted problems in residential real estate in the US, is in…

Economy

Revisiting employment indicators for signs of recovery

Edward Harrison Aug 10, 2009

If you recall, at the end of May, I wrote a post “Both initial claims and continuing claims now pointing to recovery” that said jobless claims data were pointing to an imminent recovery. The general gist of my argument was recovery…

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