Good morning everyone,
I have some exciting — and also - sad news to tell you today.
First, I am going to Bloomberg as a Senior Editor. And I am going to use that (much larger) platform to share my views on the macro economy and financial markets. I am really excited about it too. It’s a great team of people I am joining and so many resources to help me write good market and economic analysis. So that’s the good news, the really good news!
The sad news is that, as a part of that move — and after thirteen wonderful years writing Credit Writedowns — I am putting the site on hiatus. I just checked the site’s back end and it shows me having written nearly 8,000 posts in that 13 year period. Wow. My first post back in March 2008 was the one where I boldly proclaimed “The Economy Is Definitely In Recession”.
You may not know this but I started this site as a ‘hobby’ to recuperate after contracting Lyme Disease. I though it would be cool to put my thoughts to paper because it would help tease out what I was thinking about the macro outlook given the financial crisis that was brewing at the time. Then, a week later, Bear Stearns collapsed and I kept on writing and never looked back. It’s been a wild ride since then.
Now, don’t give up on me just because I won’t be posting here. You can follow along with my writing at Bloomberg. Now, a lot of what I write will be for the Bloomberg Terminal audience. But I will also have the opportunity to write for the Bloomberg website and potentially Bloomberg Business Week as well.
For those of you who are now or have been paying subscribers to the newsletter I started over 9 years ago, I want to say thank you for your support. Thank you for helping me do something I love and feel passionate about. I am humbled by the encouragement you have given me over the years. Your support has changed my life.
That’s about it for today. If you’re on a year’s subscription, expect a pro-rata refund since I am stopping. And for everyone, if you have any questions or comments, please shoot me an email at edh at creditwritedowns dot com.
I’ll see you over at Bloomberg.