Edward Harrison is a banking and finance specialist at the economic consultancy Global Macro Advisors focusing on global economics and corporate strategy. Previously, he was a Partner at the consultancy Lion Strategy Advisors, and worked in various consulting, strategy and M&A roles at Deutsche Bank, Bain Consulting, the Corporate Executive Board and Yahoo.

Mr. Harrison started his career as a diplomat in the Foreign Service. He speaks German, Dutch, Swedish, Spanish and French as well as English and can read a number of other European languages. He holds an MBA from Columbia Business School and completed his undergraduate studies with a degree in Economics from Dartmouth College.

Recent Blog Posts by Edward Harrison

• Has House Price Deflation Begun in Canada? May 17th, 2013
• How Bond Market Vigilantes Force Rates Higher May 7th, 2013
• Slovenia Cut to Junk by Moody’s; Outlook Negative May 1st, 2013
• Chart of the Day: What British GDP Growth Since 2007 Says About Austerity and Reinhart-Rogoff April 29th, 2013
• On Japan’s Widowmaker Trade and Reinhart and Rogoff April 18th, 2013
• The Fed, the Interest Income Channel and Net Interest Margins August 23rd, 2012
• Shiller: Housing Bubble Could Be Forming in Some Areas August 3rd, 2012
• German MP: ‘Draghi Is a Thief of People’s Savings’ July 27th, 2012
• Chart of the Day: Germany Biggest Winner From Euro Fixed Exchange Rates July 19th, 2012
• Chart of the Day: Germany in Breach of Maastricht Treaty in 8 of 10 Years Since 2002 July 17th, 2012
• Full text: Moody’s Downgrades Italy’s Government Bond Rating to Baa2 from A3, Maintains Negative Outlook July 13th, 2012
• Where Achuthan Does Explicitly Say the Recession Would Begin in Q3 or Q4 2011 July 12th, 2012
• Is ECRI Changing its Story on Predicting a U.S. Recession? July 11th, 2012
• Germany Is a First Class Passenger on the Euro Titanic June 27th, 2012
• The ECB’s Bagehot Rule Policy June 22nd, 2012
• Full Text: Moody’s Downgrades Firms with Global Capital Markets Operations June 21st, 2012
• Why Germany Cannot Save the Euro June 21st, 2012
• More on the Debt Crisis in Europe and the US June 20th, 2012
• Full Text: Moody’s Downgrades Spain’s Government Bond Rating to Baa3 from A3, on Review for Further Downgrade June 14th, 2012
• Full Text: Janet Yellen – Perspectives on Monetary Policy June 7th, 2012
• Macro Outline of Causes and Effects of and Predictions for the Global Financial Crisis June 5th, 2012
• Full Text: George Soros on Reflexivity and a Potential Eurozone Breakup June 5th, 2012
• Chart of the Day: Net Target2 Balances in Eurosystem Show Capital Flight June 1st, 2012
• Why Can’t People Understand National Accounting? May 29th, 2012
• The Chinese Water Torture That Is the Euro Zone Debt Crisis May 29th, 2012
• Chart of the Day: The Grexit Decision Tree May 23rd, 2012
• Hoover on Austerity to Balance the Budget and Defend the Dollar in 1932 May 21st, 2012
• Will the Greek Exit Be Voluntary or Involuntary? May 14th, 2012
• Achuthan: The US Will Be in Recession by the End of Next Month May 9th, 2012
• Europe Edges Closer to the Endgame May 8th, 2012
• Video: Ron Paul vs Paul Krugman May 1st, 2012
• Steve Keen: The Maastricht Treaty Is a Suicide Pact for European Leaders April 25th, 2012
• What About All Those Excess Reserves at the Fed? April 22nd, 2012
• A Primer on Peak Oil April 20th, 2012
• Argentina Is Not the Model April 18th, 2012
• Keen: Instability in Financial Markets April 15th, 2012
• The Economy Is Nowhere Near as Robust as Stocks Would Have You Believe April 11th, 2012
• Video: Steve Keen on Modelling and the Krugman debate April 9th, 2012
• Progress on the Monetary Policy and Banking Debate April 4th, 2012
• On Spain’s Coming Under the Watchful Eye of the Troika in 2012 March 28th, 2012
• Bill Gross on Risk Seeking Return and Safe Carry March 27th, 2012
• Model on Food Prices and Social Unrest Predicts Crisis in 2013 March 7th, 2012
• Why Are Irish Taxpayers Bailing Out Unsecured Bank Creditors? March 4th, 2012
• Iceland Upgrade Sure Makes Default Look Palatable February 20th, 2012
• The Eurozone Is Not Ready Politically for a Default February 20th, 2012
• Greece’s Extreme Parties Are Gaining Support February 17th, 2012
• The Political Economy of a Greek Default (and euro zone exit) February 15th, 2012
• How and Why Greece Will Leave the Eurozone February 13th, 2012
• On the Troika’s Coming Occupation of the Periphery January 27th, 2012
• Spanish Government Doubts It Can Achieve Deficit Target January 20th, 2012
• Münchau: We Are Fighting the Wrong Crisis January 19th, 2012
• Krugman, Tabarrok, Cowen and the Bond Vigilante Fallacy January 3rd, 2012
• My Comments on MMT’s Job Guarantee Idea January 3rd, 2012
• Footnote 2011: Being Cautiously Optimistic Was Right December 29th, 2011
• On the ECB’s Long-Term Refinancing Operation and 2012 Macro Ideas for Investors December 22nd, 2011
• Full Text: Letter from Angela Merkel and Nicolas Sarkozy on the European Debt Crisis December 8th, 2011
• Code Words and Dog Whistle Economics December 8th, 2011
• Full Text: Standard & Poor’s Puts Ratings on Eurozone Sovereigns on CreditWatch with Negative Implications December 6th, 2011
• Italian Minister Breaks Down in Tears Over Austerity Budget December 5th, 2011
• Stephen Roach on the IMF Bailout, Chinese Banks and US Consumers December 4th, 2011
• More on What I Think Will Happen in Europe December 2nd, 2011
• Likely Policy Path for European Sovereign Debt Crisis November 29th, 2011
• Sources: IMF to Offer Italy a 600 Billion Euro Bailout Via ECB Funding November 27th, 2011
• Foreign News: Eurobonds and Contagion to Poland and Slovenia November 25th, 2011
• What the German Bond Auction Disaster Means November 23rd, 2011
• Running Through Italian Unilateral Euro Zone Exit Scenarios November 22nd, 2011
• Le Pen: France Must Leave the Eurozone November 20th, 2011
• Chart of the Day: Definitive Guide to the European Debt Web November 18th, 2011
• Deflationary Crisis Responses November 17th, 2011
• Running Through Italian Default Scenarios November 16th, 2011
• Contagion: Default Probabilities Blow Out Right Across Europe November 15th, 2011
• Merkel: Change European Constitution for Greater Fiscal Integration by 2013 November 14th, 2011
• The Relevant Articles of the Lisbon Treaty for the Sovereign Debt Crisis November 10th, 2011
• Merkel: ‘The ECB Has a Clear Mandate, Stability of the Currency’ November 9th, 2011
• This Is Why People Are Buying Gold Now November 9th, 2011
• Italy’s Debt Woes and Germany’s Intransigence Lead to Depression November 8th, 2011
• Italy! Italy! Italy! November 7th, 2011
• Throw the Greeks Out of the Eurozone November 7th, 2011
• Why Investors Will Buy Italian Bonds After ECB Monetisation November 6th, 2011
• How Austerity in Europe Works November 3rd, 2011
• An Outline of Critical Events Affecting Greek Referendum November 3rd, 2011
• Sixty Percent of China’s Rich Want to Leave the Country November 3rd, 2011
• Is Greece Heading Off a Military Coup? November 2nd, 2011
• China PMI Drops to Lowest in 32 Months November 1st, 2011
• Greek Referendum Could Mean CDS Greek Default Trigger November 1st, 2011
• Full Text: European Union letter to the G20 on the Euro crisis October 31st, 2011
• What Do Sovereign CDS and Bond Markets Think of the Greece Deal? October 28th, 2011
• How the Latest Emergency Euro Summit Addresses the Sovereign Debt Crisis October 27th, 2011
• Chart of the Day: U.S. Income Growth 1979-2007 October 26th, 2011
• The Eurozone Is Coming Apart at the Seams Now, Redux October 25th, 2011
• Greece in Debtor’s Prison October 23rd, 2011
• Chart of the Day: Italian Bonds Back Over 6% October 20th, 2011
• On Government, Regulation, Over-Regulation and Free Markets October 20th, 2011
• A Year Later Everyone Is Catching on About Fed Policy and Net Interest Margins October 18th, 2011
• Chanos and Gross vs. Paulson and Bloomberg October 18th, 2011
• Saudi Arabia: When Surging Oil Demand Meets Limited Supply October 17th, 2011
• Chaney Says ‘Recession Has Already Started in Europe,’ Talks to Euro-TARP October 14th, 2011
• Chart of the Day: Greatest Credit Deterioration Focus – Belgium, Spanish Banking October 14th, 2011
• Dexia Bailout Forces Moody’s Downgrade of Belgian Regional Debt October 12th, 2011
• Juncker: It May Not Be Enough Even if Greece Defaults With 60 Percent Haircut October 11th, 2011
• George Soros: “People Don’t Realize That the System Has Actually Collapsed” October 10th, 2011
• Bruce Bartlett Wants the Fed to Target Nominal GDP October 9th, 2011
• Felix Zulauf: Expect More Market Turmoil Than in 2008 October 5th, 2011
• More on the S&P Bear Market and the Central Bank Liquidity Train October 4th, 2011
• China Will Retaliate if US Imposes Sanctions October 3rd, 2011
• On Greek Haircuts September 28th, 2011
• A Few Thoughts on Economic Nationalism September 27th, 2011
• S&P: More Bailouts Will Lead to Germany’s Eventual Downgrade September 26th, 2011
• Jim Chanos: China Has Tons of Contingent Debt Via State-Owned Enterprises September 21st, 2011
• The European Bank Run September 21st, 2011
• Chinese Shunning Trade with French Banks September 20th, 2011
• German Banks Need Recapitalization of 127 Billion: Report September 19th, 2011
• Why Didn’t the Fed Release a Statement on the Dollar Liquidity Bailout? September 16th, 2011
• Bianco on Earnings Volatility and Recession September 14th, 2011
• Austrian Government Fails in Vote to Increase Euro Bailout Fund September 14th, 2011
• Eurozone Default Is Not Synonymous with Breakup September 13th, 2011
• Germany Is Preparing for Greek Bankruptcy September 11th, 2011
• Why a Breakup of the Eurozone Is Likely September 8th, 2011
• The Eurozone Double Dip Is Almost Here September 8th, 2011
• Achuthan: “It’s Too Late” for Obama on Jobs August 30th, 2011
• What Is the Secret to Germany’s Economic Success? Part 2 August 16th, 2011
• Krugman on Modern Monetary Theory August 15th, 2011
• Grantham: European and American Policy Makers Are Clueless August 11th, 2011
• Spain, Italy, Belgium Yields Now Under Attack August 2nd, 2011
• Disastrous GDP Numbers Make Double Dip Scare Real July 29th, 2011
• Roach and Roubini: Chinese Have Lost Confidence in America’s ‘Dysfunctional Economic Stewardship’ July 27th, 2011
• The Sovereign Debt Crisis and Currency Sovereignty July 22nd, 2011
• Sources: Euro Bailout Package Must Be Doubled for Italy July 11th, 2011
• My Thoughts on the French Restructuring Plan for Greece June 29th, 2011
• Think Tank: China’s Assertiveness Could Lead to Armed Conflict in Asia June 28th, 2011
• On Central Banker Opposition to a Greek Restructuring June 16th, 2011
• What QE3 Could Look Like June 14th, 2011
• The Jobs Crisis Is Not Just About Demand June 13th, 2011
• Cash is King: Buy Volatility and Buy Liquidity June 8th, 2011
• Will China’s Bad Debt Problem Affect Employment? June 2nd, 2011
• China Losing Competitiveness May 16th, 2011
• The Irish Stress Tests and Euro Zone Options: Monetization, Default, or Break-Up March 31st, 2011
• Houses Most Overvalued in Australia and Hong Kong, Most Undervalued in Japan March 15th, 2011
• Cautiously Optimistic Into 2011 January 13th, 2011
• What Are U.S. Jobless Claims Telling Us About Recovery January 6th, 2011
• The Looming State Budget Crisis December 21st, 2010
• The Government Has a Printing Press to Produce U.S. Dollars at Essentially No Cost December 7th, 2010
• Quick Thoughts on the Irish Bailout November 22nd, 2010
• German Budget Austerity Requirements Divide EU Summit October 29th, 2010
• What I Didn’t Say on the BBC October 21st, 2010
• Brazil: “We Are in the Midst of an International Currency War” September 27th, 2010
• Jobless Claims Still Not Pointing to Imminent Double Dip Recession September 23rd, 2010
• Brazil Getting Serious About BRL September 22nd, 2010
• Is Brazil Overheating? July 27th, 2010
• Moody’s Cuts Portugal Credit Rating Two Notches to A+ July 13th, 2010
• More on Competitive Currency Devaluations June 24th, 2010
• Chart of the Day: Exposures to Greece, Ireland, Portugal and Spain June 17th, 2010
• Contagion Spreading Yet Further to Core Eurozone June 7th, 2010
• Manufacturing Sector Demonstrates Global Recovery June 3rd, 2010
• China: Time to Admit To, Then Douse, Our Inflation Fire May 20th, 2010
• Spain Is the Perfect Example of a Country that Never Should Have Joined the Eurozone May 17th, 2010
• Greek Bond Yields at 12-Year High, Contagion Increasing April 26th, 2010
• Rosenberg: Stocks 35% Overvalued April 22nd, 2010
• Pitchforks, Vampire Squids, and Simon Johnson’s Robespierre Moment April 20th, 2010
• The Politics of the Goldman Fraud Case April 19th, 2010
• JPMorgan Is Not Substantially Increasing Lending Anytime Soon April 15th, 2010
• The Origins of the Next Crisis April 13th, 2010
• Fitch Downgrades Greece to BBB- with a Negative Outlook April 9th, 2010
• Why the Fall in the Savings Rate Is Not Meaningless April 2nd, 2010
• Three Potential Explanations for the Continued Fall in U.S. Savings Rate March 31st, 2010
• Anticipating Eurozone Collapse March 23rd, 2010
• This Is the Problem with China’s Currency Peg March 19th, 2010
• Can External Pressure Precipitate Change in a Command Economy Like China? March 17th, 2010
• The Mindset Will Not Change; a Depressionary Relapse May Be Coming March 15th, 2010
• German Responsible for Stability and Growth Pact Wants to Bail Greece Out March 5th, 2010
• Ronald Reagan the Keynesian March 2nd, 2010
• New Home Sales Hit a Record Low February 24th, 2010
• The Swedish Banking Crisis Response or the Bailout Hustle? February 22nd, 2010
• The Dutch Join the Germans in Rejecting Bailout of Greece February 16th, 2010
• Chanos: “We’re Not Calling for an Impending Crash of China” February 4th, 2010
• GDP up 5.7%, Fastest Rate Since 2003 January 31st, 2010
• Bailouts: Catching a Falling Knife January 25th, 2010
• Did Brown’s Win Spark Obama’s War on Wall Street? January 22nd, 2010
• Grading Obama’s Economic Policy after One Year January 20th, 2010
• The Chinese Bubble Economy January 11th, 2010
• Pension Disaster Makes States and Cities into Financial Basket Cases January 5th, 2010
• Asia Tells the West to Get Off its High Horse January 4th, 2010
• Why Economists Failed to Anticipate the Financial Crisis January 3rd, 2010
• What Happened to the Fiscal Stimulus Multiplier December 29th, 2009
• Double Dip Recession and the Perverse Math of GDP Reporting December 28th, 2009
• Moving Away from Stimulus Happy Talk to Focus on Malinvestment December 21st, 2009
• Bank Collapse in Austria Brings Debt in Eastern Europe Center Stage December 15th, 2009
• Obama and the Fat Cat Bankers December 14th, 2009
• Greece Risks Financial Armageddon While Ireland Makes Cuts December 13th, 2009
• Matt Taibbi: Obama’s Big Sellout December 11th, 2009
• Buiter: “It’s Five Minutes to Midnight for Greece” December 9th, 2009
• Japan’s Growth Embarrassingly Revised Down by 3.5% December 9th, 2009
• The Drop in Unemployment is Give Back from the Prior Month December 7th, 2009
• Reaching for Yield in the Post-TARP Era December 4th, 2009
• Quantitative Easing is Not the Cure to What Ails Europe December 3rd, 2009
• On the Sovereign Debt Crisis and the Debt Servicing Cost Mentality December 1st, 2009
• The Bust in Dubai and Exogenous Shocks November 29th, 2009
• British Regulators Disclose Terms of Emergency Aid During Panic of 2008 November 24th, 2009
• GM’s Phony Taxpayer Repayment November 23rd, 2009
• Gross Isn’t Buying Corporates, High Yield or Equities Even with Zero Rates November 20th, 2009