by Jason Apollo Voss | 30 06 2010 | Blog
Hello folks! Consumer confidence fell very sharply in the month of June according to the Conference Board, the compilers of the information. Specifically it fell to a 52.9 reading from May’s revised figure of 62.7. This result was almost ten points below...
by Jason Apollo Voss | 29 06 2010 | Blog
This Euro-year has all been about scrutiny of those profligate spenders, the Greeks. May’s big worldwide stock market declines were largely triggered by fears of a Greek budgetary collapse and the contagion it would have throughout Europe. Now those Greeks are...
by Jason Apollo Voss | 29 06 2010 | Blog
Despite the fact that much of the month of May was filled with grim economic forebodings, personal spending still grew 0.2%. This data from the Commerce Department was also accompanied by data showing that consumer spending grew 3% in the first quarter. Still more...
by Jason Apollo Voss | 25 06 2010 | Best of the Blog, Blog
The big news this morning, and perhaps the biggest news since I started publishing the blog, is that a financial industry overhaul bill has finally been readied for Congress to vote on. I began the blog sending out a mini-manifesto to the e-ethers calling for reform...
by Jason Apollo Voss | 22 06 2010 | Blog
For years governments around the world, especially Europe and the United States, have been trying to convince China to relax its pegging of its yuan currency to the U.S. dollar. Normally currencies are allowed to fluctuate in value relative to one another. In theory...
by Jason Apollo Voss | 22 06 2010 | Blog
May’s existing home sales declined by 2.2% vs. April’s number. Analysis: The primary reason for the decline is that a Federal Government tax credit for first time home buyers expired on April 30th. While some pundits may be worried about the health of the...
