by Jason Apollo Voss | 29 01 2010 | Blog
Friday saw the first pass at estimating U.S. GDP for the fourth quarter and the number looks outstanding. GDP grew 5.7% in the fourth quarter. Analysis: To put that 5.7% figure into perspective you need to know that on average GDP grows around 3% +/- 1.5%. That is,...
by Jason Apollo Voss | 27 01 2010 | Blog
Long have I decried that financial industry employees, especially its executives, are improperly compensated. Specifically the employees typically are incentivized in such a way that they can only breakeven or gain huge amounts of money. Very rarely are they punished...
by Jason Apollo Voss | 26 01 2010 | Blog
The economy of the United Kingdom has technically exited recession by posting fourth quarter 2009 economic growth of 0.1% over the third quarter of 2009. However, this result is far below the consensus expectation of 0.4% growth. Analysis: Growth of 0.1% in a quarter...
by Jason Apollo Voss | 25 01 2010 | Blog
Part of what makes it tough to earn consistently good investment returns is to understand the interconnections of events, as well as the importance of seemingly random news. Today’s post is an example of an event whose importance is potentially very large, yet...
by Jason Apollo Voss | 25 01 2010 | Blog
The month of December saw a huge month-to-month decline of 16.7% in the sales of existing homes. Analysis: While the magnitude of this decline surprised many economists, most of them had predicted a decline. Because many people had expected the U.S. government first...
by Jason Apollo Voss | 21 01 2010 | Best of the Blog, Blog
Today, in a decision that I am certain will go down in infamy, the U.S. Supreme Court voted 5-4 to overturn 20+ years worth of legislation that had limited the ability of corporations to spend money to win political influence. This is deeply disturbing to me and...
