by Jason Apollo Voss | 01 04 2010 | Blog
Today saw the release of other economic data beyond initial jobless claims. Specifically, the U.S. Department of Commerce’s construction spending figures and the Insitute of Supply Management’s manufacturing index. Construction spending in February fell...
by Jason Apollo Voss | 01 04 2010 | Blog
Because the stock markets are closed tomorrow due to Good Friday the initial jobless claims data was reported today by the Department of Labor. Here’s the skinny…initial jobless claims were down by 6,000 to a level of 439,000. Meanwhile, the previous...
by Jason Apollo Voss | 31 03 2010 | Best of the Blog, Blog, Predictions
Today saw the release of March private payroll data from the nation’s largest processor of payroll checks, ADP. Unemployment “unexpectedly” increased by 23,000 jobs in March vs. an expected 50,000 jobs added by a swath of economists. Analysis: Folks...
by Jason Apollo Voss | 29 03 2010 | Blog
Hello everyone, Today saw the release of the long-awaited (by me) February consumer-spending figures. The Commerce Department stated that U.S. consumers increased their spending by 0.3% in February. Meanwhile, personal incomes were flat. So what that means is that...
by Jason Apollo Voss | 26 03 2010 | Blog
Good afternoon folks! Today saw the sinking of a South Korean naval vessel near disputed North/South Korean territorial waters. So far the information is sketchy. However, what is known is that the vessel sank rapidly and that many of its 104 crew members are feared...