by Jason Apollo Voss | 22 06 2010 | Blog
For years governments around the world, especially Europe and the United States, have been trying to convince China to relax its pegging of its yuan currency to the U.S. dollar. Normally currencies are allowed to fluctuate in value relative to one another. In theory...
by Jason Apollo Voss | 22 06 2010 | Blog
May’s existing home sales declined by 2.2% vs. April’s number. Analysis: The primary reason for the decline is that a Federal Government tax credit for first time home buyers expired on April 30th. While some pundits may be worried about the health of the...
by Jason Apollo Voss | 17 06 2010 | Blog, Predictions
Good morning everyone! For today’s post I wanted to highlight for you why I feel that current investor fears about a collapse of the European economy are way overblown. As far as I can tell most of the fears are sourced in a fear that Spain will be the next...
by Jason Apollo Voss | 16 06 2010 | Blog
Conflicting economic data have been released today. On one hand, we have U.S. Commerce Department data showing that housing starts in May fell 10% to a 593,000 annual rate. This figure compares to an expected rate of 648,000. Clearly this is a big miss relative to...
by Jason Apollo Voss | 15 06 2010 | Blog, Predictions
Bloomberg is reporting this morning that demand for long-term U.S. financial assets surged in March and April. Recall that I predicted this would happen because of the turmoil in Europe, as well as the fact that the U.S. economy is strengthening. In March the net...
