by Jason Apollo Voss | 27 08 2010 | Blog
This morning the U.S. Commerce Department revised second quarter gross domestic product down to 1.6% growth from its previously reported 2.4% figure. Analysis: Normally I don’t address revised figures on the blog other than to point out that most data are thinly...
by Jason Apollo Voss | 26 08 2010 | Blog
This morning saw the weekly jobless claims data reported by the Department of Labor. Claims fell by 31,000 to a level of 473,000. This exceeds the expected drop of only 10,000. The four-week moving average rose by 3,250 to 486,750. Analysis: Clearly this is a good...
by Jason Apollo Voss | 23 08 2010 | Blog
Good morning everyone! I hope that each of you had an excellent weekend. Today I wanted to write about the high number of mergers/acquisitions that are either taking place or being discussed by businesses. In particular, what does that mean? First of all, let me...
by Jason Apollo Voss | 20 08 2010 | Blog
Last week U.S. jobless claims rose to levels not seen since November of last year. Specifically, the Department of Labor reported yesterday that folks newly filing for unemployment benefits rose by 12,000 last week to a level of 500,000. What about the four-week...
by Jason Apollo Voss | 17 08 2010 | Blog
Today’s Wall Street Journal has a fascinating article entitled, “Beware of ‘Independent’ Investing Research.” The story demonstrates the increasingly intimate relationship between the financial services industry and financial academia. ...
by Jason Apollo Voss | 17 08 2010 | Blog
Analysis: Such is the nature of panic that when minor news is slightly negative there can be a massive response. One of the sources of panic of late has been a fear of deflation setting in. I have discussed the evils of deflation on the blog before but here is a...