by Jason Apollo Voss | 08 06 2010 | Blog
I have to admit that I have been taken aback by the financial markets’ big sell off over the last month, mostly due to concerns that the EU would implode. In my opinion the Europeans are making legal and economic reforms that have needed to be made for over a...
by Jason Apollo Voss | 04 06 2010 | Blog
This morning the Department of Labor released both its jobs added and unemployment rate numbers for the month of May. In short, 431,000 jobs were created. That brought the unemployment rate down to 9.7% from 9.9%. Financial markets today are focused on the fact...
by Jason Apollo Voss | 03 06 2010 | Blog
This morning Automatic Data Processing (ADP) announced private sector job creation for the month of May. According to the payroll firm 55,000 jobs were added last month by U.S. businesses. This compares to an economist expected jobs added of 75,000. April’s...
by Jason Apollo Voss | 03 06 2010 | Blog
Yesterday the European Commission announced the creation of the European Securities and Markets Authority (ESMA). The Authority will be charged with both the regulation of, and monitoring of, credit ratings agencies. As stated now ESMA would come into being next...
by Jason Apollo Voss | 31 05 2010 | Blog
While factually true that May 2010 was the worst May since 1940, the Dow Jones Industrial Averages were down 122.36 or 1.2%, I feel subjectively this is not true. Why? During May of 1940 the world was still just at the end of the Great Depression. Furthermore, World...