by Jason Apollo Voss | 06 05 2010 | Blog
U.S. productivity for the first quarter was up 3.6%. This compares to the previous quarter’s revised gain of 6.3%. Analysis: I have written at length on the blog about the difference between economic growth as measured by gross domestic product and what I refer...
by Jason Apollo Voss | 05 05 2010 | Blog, Worst of the Blog
The month of April saw private sector jobs grow by 32,000 according to payroll giant ADP. Economists had expected a gain of only 20,000. What’s more, February to March employment data were revised to show an increase in employment of 19,000 from a decline of...
by Jason Apollo Voss | 05 05 2010 | Blog
As predicted, the Greek debt crisis continues to send aftershocks throughout the global financial system. I have detailed for you all of the ways in which the EU and IMF bailout could fail and regardless of success, could bring about the end of the EU. Yesterday in...
by Jason Apollo Voss | 03 05 2010 | Blog
March consumer spending was up 0.6% from February. Meanwhile, personal income was up only 0.3%. Analysis: It is good to see an increase in consumer spending since it makes up 70% of the U.S. economy. One of the reasons that the recession has been as protracted as it...
by Jason Apollo Voss | 03 05 2010 | Blog
Over the weekend Greece, the International Monetary Fund and the European Union agreed to a bailout plan for the Greeks. Here are some of the details: * The Greek government has agreed to new budget austerity measures. The goal is to cut the national budget deficit...
by Jason Apollo Voss | 01 05 2010 | Blog
One of the best ways to make money as an investor is ye ole “top down” approach to investing. Top down means that you begin with big macro-level trends and work your way down to identifying investments that potentially can benefit from these trends....