by Jason Apollo Voss | 19 03 2010 | Blog
The Congressional Budget Office released its most recent estimate of monies allocated under Congress’s 2008 Troubled Asset Relief Program (TARP). Recall that this is the program that was designed to allocate bailout monies to U.S. businesses intimately tied to...
by Jason Apollo Voss | 18 03 2010 | Blog
I was truly shocked to learn last night that the Securities and Exchange Commission recently sided with 12 investment banking firms in a lawsuit designed to eliminate a provision put in place in 2003 to maintain the independence of equity analysts relative to...
by Jason Apollo Voss | 18 03 2010 | Blog
It’s Thursday…it must be time for the weekly initial jobless claims report. Et voila. The Department of Labor today reported that initial jobless claims fell by 5,000 last week to a total of 457,000. Meanwhile, the four-week average also went down by...
by Jason Apollo Voss | 17 03 2010 | Blog
Right now as an investor I am nervous about being nervous. What makes me nervous is that huge drop in Consumer Confidence in February. I am also nervous that the “positive” economic data that keeps coming is barely positive. In other words, it looks and...
by Jason Apollo Voss | 17 03 2010 | Blog
Late last night the Federal Reserve announced that it was going to be ending one of its primary recessionary supports of the U.S. economy: the purchasing of Mortgage Backed Securities (MBS). More importantly, the Fed said that it was planning to end the program...
