Further update on Iranigans

Posted by Jason Apollo Voss on Nov 13, 2009 in Blog | 2 comments Yesterday I highlighted the importance of Russian President Dmitri Medvedev’s “State of the State” speech to the Russian citizenry. I was anticipating that he was going to give hints to an opening of the Russian economy to Western investment. The speech also needed to be monitored for where Russia stands relative to Iran right now. Fortunately, there were no surprises. The...
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Has Wal-Mart climbed over the wall, yet?

Posted by Jason Apollo Voss on Nov 13, 2009 in Blog | 0 comments Happy Friday everyone! You may have seen that the financial markets snapped a 6 day winning streak. The cause, of course, was that massive bellwether or consumer spending, Wal-Mart (ticker: WMT). While WMT does not normally provide quarterly earnings guidance (thankfully) the Company said in a pre-recorded message that it expected its fourth quarter earnings to be between $1.08 and $1.12 per...
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Weighing in: Israel and Russia

Posted by Jason Apollo Voss on Nov 12, 2009 in Blog | 0 comments Earlier this week I posted an update as to how the Iranigans show down is progressing. Specifically, it looks as if Russia may be ready to sell out Iran. However, Israel still is the wild card in the Iran-nuclear drama. If Israel choose to unilaterally take out Iranian nuclear facilities then there isn’t much that the rest of the world can do about it. So tracking Israel’s response...
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Let the whining begin

Posted by Jason Apollo Voss on Nov 11, 2009 in Best of the Blog, Blog | 0 comments As I predicted whining has begun about reduced pay packages at financial firms bailed out by the U.S. taxpayer. Specifically, AIG’s CEO Robert Benmosche is threatening to step down at a critical juncture in AIG’s restructuring. Primarily he is upset by pay. And now the Wall Street Journal is featuring a video story entitled, “Why we need fat Wall Street Bonuses.” Is that...
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Strength in numbers

Posted by Jason Apollo Voss on Nov 10, 2009 in Blog | 0 comments Congressional Democrats have put forth proposals that would re-institute restrictions originally enacted during the Great Depression, namely the Glass-Steagall act. The GS act forbade commercial banks and investment banks from merging. Why? To prevent the very crap that we have endured for almost 2 years. The wall between commercial and investment banking was torn down in 1999. At the time I...
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A shift by Russia seems to be brewing

Posted by Jason Apollo Voss on Nov 10, 2009 in Blog | 0 comments After spending almost all of 2009 badgering each other over the Iran issue, Russia and the United States seem to be easing tensions between themselves. Yesterday was quite an interesting day in the Iran nuclear issue. Let’s review what happened… Iran charges 3 Americans with espionage: Taking a page out of North Korea’s playbook, Iran yesterday announced that 3 U.S. hikers...
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Nuclear non-proliferation non-cooperation

Posted by Jason Apollo Voss on Nov 9, 2009 in Blog | 0 comments Hello everyone. I hope that each of you had a nice weekend. Today I want to update everyone on what is happening with the Iran nuclear crisis as there are some new developments. Development #1: The Iranian government has rejected a deal it just made with the P5+1 nations (the 5 permanent members of the UN Security Council, plus Germany). Iran had agreed to ship the enrichment of its uranium...
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