by Jason Apollo Voss | 03 05 2010 | Blog
March consumer spending was up 0.6% from February. Meanwhile, personal income was up only 0.3%. Analysis: It is good to see an increase in consumer spending since it makes up 70% of the U.S. economy. One of the reasons that the recession has been as protracted as it...
by Jason Apollo Voss | 03 05 2010 | Blog
Over the weekend Greece, the International Monetary Fund and the European Union agreed to a bailout plan for the Greeks. Here are some of the details: * The Greek government has agreed to new budget austerity measures. The goal is to cut the national budget deficit...
by Jason Apollo Voss | 01 05 2010 | Blog
One of the best ways to make money as an investor is ye ole “top down” approach to investing. Top down means that you begin with big macro-level trends and work your way down to identifying investments that potentially can benefit from these trends....
by Jason Apollo Voss | 30 04 2010 | Blog
Long time readers of this blog know that I have been highlighting the economic challenges of Europe since the beginning. As I surveyed the worldwide economic landscape I saw that Europe had at least equal problems with its housing bubble and debt loads as the United...
by Jason Apollo Voss | 30 04 2010 | Blog
First quarter Gross Domestic Product (GDP) was up at an annualized rate of 3.2%. This compares to the economists’ consensus of up 3.3%. As a reminder, fourth quarter GDP was up 5.6%. Analysis: Recall that GDP is composed as follows: Consumer spending +...
