by Jason Apollo Voss | 10 02 2010 | Blog
There are two major levers for economies around the world. The first is fiscal policy. That is, the collection of budgetary, taxation and legal choices made by the legislatures of the world’s nations. The second is monetary policy. That is, the interest rate...
by Jason Apollo Voss | 10 02 2010 | Blog
Because several of the European Economic Union’s members are at the precipice of crisis, especially Greece, the EU finds itself in unchartered territory. This territory is likely to shake the EU to its very core and might even lead to the dissolution of the...
by Jason Apollo Voss | 05 02 2010 | Best of the Blog, Blog
This morning the Department of Labor announced that the U.S. economy lost 20,000 jobs in January. Note the round figure; this is always a sure sign of an estimated number. No big shakes there as the DoL’s jobless rate figure is always an estimate that gets...
by Jason Apollo Voss | 05 02 2010 | Blog
Good morning! Yes, yes, the U.S. financial markets took a big tumble on Thursday. The DJIA fell 2.6%, its biggest percentage decline since early July of 2009. While the S&P 500 fell 3.1%, its worst decline since April of 2009. The big sell off is believed to...
by Jason Apollo Voss | 04 02 2010 | Blog
Good morning! The Department of Labor released fourth quarter productivity figures this morning. Productivity in the U.S. rose by 6.2%. For the whole of 2009 the DoL reported that productivity rose by 5.1%. Analysis: Increases in productivity are my favorite...