by Jason Apollo Voss | 08 06 2010 | Blog
Not that it is a consolation to those of you who have followed my “buy now” advice of the last month, but the U.S. dollar is appreciating very strongly relative to the euro. Recall that one of the reasons I was confident that U.S. stocks would do well...
by Jason Apollo Voss | 08 06 2010 | Blog
Today European finance ministers agreed to critical economic reforms. Among the reforms are the following: Eurostat, the European economic statistician, has been given the authority to audit the finances of EU member nations. This has been done to mitigate against...
by Jason Apollo Voss | 08 06 2010 | Blog
I have to admit that I have been taken aback by the financial markets’ big sell off over the last month, mostly due to concerns that the EU would implode. In my opinion the Europeans are making legal and economic reforms that have needed to be made for over a...
by Jason Apollo Voss | 04 06 2010 | Blog
This morning the Department of Labor released both its jobs added and unemployment rate numbers for the month of May. In short, 431,000 jobs were created. That brought the unemployment rate down to 9.7% from 9.9%. Financial markets today are focused on the fact...
by Jason Apollo Voss | 03 06 2010 | Blog
This morning Automatic Data Processing (ADP) announced private sector job creation for the month of May. According to the payroll firm 55,000 jobs were added last month by U.S. businesses. This compares to an economist expected jobs added of 75,000. April’s...
by Jason Apollo Voss | 03 06 2010 | Blog
Yesterday the European Commission announced the creation of the European Securities and Markets Authority (ESMA). The Authority will be charged with both the regulation of, and monitoring of, credit ratings agencies. As stated now ESMA would come into being next...
