by Jason Apollo Voss | 10 05 2010 | Best of the Blog, Blog
Back in October 2008 in the first days of the blog and in the midst of a Second Great Depression talk, I wrote a post in which I said such an event was highly unlikely. Among the reasons I gave for this were the: greater understanding of both fiscal and monetary...
by Jason Apollo Voss | 06 05 2010 | Best of the Blog, Blog
The news today is sure to be replete with stories of the almost 1,000 point drop in the Dow Jones Industrial Averages. That is pretty close to a 10% drop. Ostensibly the stock markets value the worth of U.S. businesses. Can anyone out there reading this honestly...
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 | 16 02 2010 | Best of the Blog, Blog
The financial markets are largely moving sideways, neither strongly up, nor strongly down. In my opinion this is a proper response to unexciting economic and business news. Firmly stated, stock markets are fairly, to slightly over-valued at this point. This...
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 | 21 01 2010 | Best of the Blog, Blog
Today, in a decision that I am certain will go down in infamy, the U.S. Supreme Court voted 5-4 to overturn 20+ years worth of legislation that had limited the ability of corporations to spend money to win political influence. This is deeply disturbing to me and...
