by Jason Apollo Voss | 19 02 2010 | Blog
The Department of Labor announced January Consumer Price Index figures. The CPI is the standard measure of inflation in the U.S. economy. Specifically the CPI rose 0.2%, however the so-called “core number” which nets out volatile food and energy prices,...
by Jason Apollo Voss | 19 02 2010 | Blog
Hello again, Yesterday afternoon the Federal Reserve indicated that it was raising the discount rate (an interest rate it manages) by 0.25%. The discount rate is the rate that the Federal Reserve charges banks who must borrow money to meet reserve requirements at...
by Jason Apollo Voss | 19 02 2010 | Blog
That massive retail business, Wal-Mart, has reported its same store sales in the fourth-quarter declined 1.6%. This compares to a fourth quarter increase in consumer-spending of 2%. Analysis: Wal-Mart has bucked the retail trend since the start of the recession and...
by Jason Apollo Voss | 17 02 2010 | Blog
Watching the Winter Olympics the other night I saw yet another manipulative advertisement, this time from Chevrolet. Specifically for the Chevy Equinox model. The ad boldly states as one of the reasons to buy the car that it gets 600 miles per tank. I am certain...
by Jason Apollo Voss | 16 02 2010 | Best of the Blog, Blog
The financial markets are largely moving sideways, neither strongly up, nor strongly down. In my opinion this is a proper response to unexciting economic and business news. Firmly stated, stock markets are fairly, to slightly over-valued at this point. This...
by Jason Apollo Voss | 13 02 2010 | Blog
The Wall Street Journal ran a story yesterday of import. It is entitled, “Economists Expect Shifting Work Force.” In it, the article states that the consensus amongst economists is that fully 25% of the 8.4 million jobs lost so far in the recession will...
