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Edward Harrison — Let me tell you why I’m still worried before detailing the positive economic data

Summary:
Ed Harrison follows up on yesterday's bullish outlook. Yesterday I promised you to “look at individual economic data points and tell you why I think they bolster the case for optimism about the economic trajectory.” But before I get into that, let me tell you why I still worry about the foundation of this global recovery. And a lot of it has to do with the pace of growth and with inequality. Let’s look at the US here....  Credit Writedowns Let me tell you why I’m still worried before detailing the positive economic dataEdward Harrison

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Ed Harrison follows up on yesterday's bullish outlook.
Yesterday I promised you to “look at individual economic data points and tell you why I think they bolster the case for optimism about the economic trajectory.” But before I get into that, let me tell you why I still worry about the foundation of this global recovery. And a lot of it has to do with the pace of growth and with inequality. Let’s look at the US here.... 
Credit Writedowns
Let me tell you why I’m still worried before detailing the positive economic data
Edward Harrison
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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