by Jason Apollo Voss | 01 04 2010 | Blog
Because the stock markets are closed tomorrow due to Good Friday the initial jobless claims data was reported today by the Department of Labor. Here’s the skinny…initial jobless claims were down by 6,000 to a level of 439,000. Meanwhile, the previous...
by Jason Apollo Voss | 31 03 2010 | Best of the Blog, Blog, Predictions
Today saw the release of March private payroll data from the nation’s largest processor of payroll checks, ADP. Unemployment “unexpectedly” increased by 23,000 jobs in March vs. an expected 50,000 jobs added by a swath of economists. Analysis: Folks...
by Jason Apollo Voss | 29 03 2010 | Blog
Hello everyone, Today saw the release of the long-awaited (by me) February consumer-spending figures. The Commerce Department stated that U.S. consumers increased their spending by 0.3% in February. Meanwhile, personal incomes were flat. So what that means is that...
by Jason Apollo Voss | 26 03 2010 | Blog
Good afternoon folks! Today saw the sinking of a South Korean naval vessel near disputed North/South Korean territorial waters. So far the information is sketchy. However, what is known is that the vessel sank rapidly and that many of its 104 crew members are feared...
by Jason Apollo Voss | 26 03 2010 | Blog
Yesterday the EU put the finishing touches on its bailout package for the troubled Greek economy. Key to moving the deal back into the EU court from the IMF court was the involvement of France. The deal is valued at 22 billion Euro and combines monies from both the...
by Jason Apollo Voss | 23 03 2010 | Blog
In February, existing home sales fell 0.6% according to the National Association of Realtors. This was better than the expected decline of 2.0%. Additionally, the median price of a home fell 1.8%. Analysis: Home sales are important data to track right now because...
