Summary: Today, I am not going to write about a specific topic but rather put together some random thoughts on the direction of the global economy. Next week, I will have some big things to say about the Fed and it's upcoming meeting. So I thought this would be a good time to reflect on the big macro picture going forward and in retrospect.
Five years ago, the depths of the credit crisis began with the failure of Lehman Brothers. There have been a lot of retrospectives on this event since then, including a good one I ran across on Keith Kennessey's website. As I sit back and reflect on what occurred five years ago, what the mood and conditions are today, and what everyone is saying in retrospect, my overall sense is that the acute crisis has passed. And that's both posit...
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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.