The Credit Writedowns Newsletter
ArchiveTopDiscussionAbout
Back in August I told you I had a thesis I was working on fleshing out about why growth stocks are so loved and why growth has trumped value for years …
Edward Harrison
22 hr
The US Department of Labor released the latest jobless claims report this morning and the numbers were poor. From their email, announcing the figures: …
Edward Harrison
Sep 24 4
Quick post here on jobless claims Data collection difficulties Data collection is a real challenge during this pandemic. And the US jobless claims data…
Edward Harrison
Sep 17
I want to try something slightly different today, and go 'off-topic' with some content that more fits the Credit Writedowns blog of yore, when I covere…
Edward Harrison
Sep 16 2
Back in June, I wrote a post about worries that were beginning to surface regarding a speculative mania taking form in the equity markets. I want to up…
Edward Harrison
Sep 14
Today's US jobless claims report makes clear that the boost from re-opening is now fading. And a second wave of job loss is upon us. As a result, while…
Edward Harrison
Sep 10 2
I haven't been teeing up thought pieces on the financial system on Credit Writedowns for a while now. And that's a shame since this site's name owes to…
Edward Harrison
Sep 9 1
Around the time that the re-opening rally began to consolidate, I developed a thesis that we would have to wait until September and October before we w…
Edward Harrison
Sep 8 7
I have three threads I want to say a few words on: jobless claims, the jobs report and recent market volatility. I think the macro theme that connects …
Edward Harrison
Sep 4
Markets were down today, sending the US market to its worst loss since June. Given that I have been writing about downside market risk, I thought I wou…
Edward Harrison
Sep 3 1
The fix I am writing this just before the release of the US jobless claims data series. And for weeks now, I have been telling you that the unemploymen…
Edward Harrison
Sep 3
This is an update to yesterday's post about the inability of safe asset holdings to mitigate downside risk during equity drawdowns. As you know, I beli…
Edward Harrison
Sep 2
© 2020 Global Macro Advisors. See privacy, terms and information collection notice
Publish on Substack