Note: I am going to be playing catch up here for a while since I have been away from my computer for most of the week. So this is the first in a series of post reviewing what the US political elections mean for the economy and markets. I want to make these posts modified daily posts, meaning I will focus on a single issue and direct you to a few other posts elsewhere that give you a fuller picture of that same issue.
The first post here is about bank stocks, bank regulation and the election of Elizabeth Warren.
After the market bottomed in March 2009 and mark to market rules in the US were relaxed, I became very bullish on financial stocks. While I believed that the stock and economic rebound would represent a "fake recovery", I felt nonetheless that financial stocks would do well. Under...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. 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.