by Jason Apollo Voss | 09 09 2009 | Blog
The Federal Reserve reported yesterday that in July for the sixth consecutive month consumer debt declined. Specifically, debt, sans real estate loans, declined 10.4%. This large drop was a record. Clearly consumers are taking out fewer loans for automobiles, and...
by Jason Apollo Voss | 09 09 2009 | Blog
Good morning everyone! I hope Labor Day was relaxing and rejuvenating for each of you. The Chairman and CEO of Goldman Sachs, Lloyd Blankfein, made some noteworthy comments in Frankfurt regarding investment bank compensation. He said that anger about ridiculous and...
by Jason Apollo Voss | 04 09 2009 | Blog
For today’s post I wanted to excerpt a portion of a newsletter that my father in-law Steve, a financial advisor, receives. The following comes from “Leeb’s Market Forecast”: “It’s amazing that stocks have held up they way they have....
by Jason Apollo Voss | 03 09 2009 | Blog
Wow! I go away for a week and the economic stats are rosier suddenly. Maybe I should go away more often. Today saw many retailers post encouraging results for the month of August. Same-store sales nationwide still declined 2.9%, but this compared to an analyst...
by Jason Apollo Voss | 03 09 2009 | Blog
Hello everyone, First things first…Jamaica was magnificent. Dawn and I stayed at her parent’s place in Treasure Beach. I highly recommend this area of Jamaica to anyone for its unspoiled beaches, clean water, outstanding weather and sweet people. When I...