by Jason Apollo Voss | 22 10 2009 | Blog
Chinese GDP China released its third quarter GDP figures today. They claim that their economy grew by 8.9%. [I say ‘claim’ because Chinese statistics are notoriously manipulated.] Additionally, there is evidence that the economy is becoming more...
by Jason Apollo Voss | 22 10 2009 | Blog
Kenneth Feinberg, who has the ignominious title of U.S. pay czar is zapping the pay of firms receiving U.S. government monies. To me this is exciting news. For over a year I have been waving the flag of salary and incentive compensation reform. Thankfully the...
by Jason Apollo Voss | 21 10 2009 | Blog
Gross domestic product is formally calculated as follows: C + I + G + X = GDP In that formulation ‘C’ stands for consumer spending. That number is traditionally around 70% of GDP. As we all know consumer spending of all kinds is flat to down. We are each...
by Jason Apollo Voss | 21 10 2009 | Blog
Yesterday further nuclear-Iran talks took place in Geneva. As I described on Monday it looked as if Iran was going to stall rather than negotiate. And that is exactly what took place. Despite the fact that Iran agreed on October 1st to talks with France, they...
by Jason Apollo Voss | 19 10 2009 | Blog
In Geneva today part two of talks designed to control and curtail Iran’s nuclear program got under way. The entities involved are: the U.S., Iran, Russia, France and the International Atomic Energy Agency. After a limited amount of progress being made on October...
