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Edward Harrison

Edward Harrison's Public Library

  • What is the relevance of this scenario for today? Although macroeconomic forecasting is fraught with hazards, I would not interpret the currently very flat yield curve as indicating a significant economic slowdown to come, for several reasons.

  • The only plausible case for rates rising that much is if the US economy is booming and the Fed is raising rates in an effort to slow the boom.

  • largely as a result of Ronald Reagan’s fiscal expansion,

  • The use of a national currency, such as the U.S. dollar, as global reserve currency leads to tension between its national and global monetary policy. This is reflected in fundamental imbalances in the balance of payments, specifically the current account, as some goals require an outflow of dollars from the United States, while others require an overall inflow.

  • what the Sanders movement, with its demands for purity and contempt for compromise and half-measures, most nearly resembles is not the Trump insurgency but the ideologues who took over the G.O.P., becoming the establishment Mr. Trump is challenging.

  • Vielleicht hätte ich den Tender als „Dicke Bertha“ ankündigen sollen, dann hätten alle zugehört.“

  • institutional support would be forthcoming, if needed. Following a reorganisation of Landesbank Berlin Holding AG (LBBH) at end-2014, Berlin Hyp's ownership was transferred from Landesbank Berlin (LBB) directly to LBBH, which is ultimately owned by the Sparkassen. As part of the restructuring, Berlin Hyp entered into a profit-and-loss transfer agreement with LBBH. Berlin Hyp remains a member of the mutual support scheme of the German Landesbanken and is not directly a member of the savings banks' scheme

  • Comments from respondents include: "Some reduction in force due to flat revenue" and "Streamlining the organization and removing some positions."
Nov 10, 15

"A federal judge ruled against the National Security Agency on Monday, saying that its bulk collection of telephone metadata “likely violates the constitution”.

In a case brought by activist Larry Klayman, Washington DC district court judge Richard Leon ruled that the NSA must cease collecting the defendants’ information. Leon said he believed it was “substantially likely” that “the program is unlawful”, and that in that event, “the plaintiffs have suffered concrete harm traceable to the challenged program”."

Aug 20, 15

"Slovakia has announced it will only accept Christian migrants when it takes in Syrian refugees under an EU relocation plan.

Interior Ministry spokesman Ivan Metik said the Eastern European nation will accept 200 Christian migrants from camps in Turkey, Italy and Greece, as Muslim migrants would not integrate as easily into Slovakia's predominantly Christian population. "

Aug 17, 15

"The Greek government appears likely to call a confidence vote following a rebellion among lawmakers from the ruling SYRIZA party over the country's new bailout deal, senior ministers said on Monday."

Jul 24, 15

"Distressed bonds have lost 8.2 percent this month as oil and coal prices slid, bringing this year’s loss to 12.2 percent, according to a Bank of America Merrill Lynch index that tracks the debt. The securities are on pace to lose more than 20 percent for the second straight year, the worst performance since 2008. SandRidge Energy Inc. bonds have lost almost 30 percent this month through Tuesday, while notes of miner Cliffs Natural Resources Inc. were down more than 27 percent."

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