by Jason Apollo Voss | 24 11 2009 | Blog
Good morning everyone! I have some not very good news to report. Santa Ana, California’s First American CoreLogic is reporting that 23% of homeowners in the U.S., or a staggering 10.7 million households, owe more on their house than the house is worth!!...
by Jason Apollo Voss | 23 11 2009 | Blog
Home resales in October were up 10.1% vs. a consensus expected increase of 2.3%. The gigantic outperformance has to be attributed to the first time home buyer tax credit that Congress voted to extend. What this means: While the number is certainly welcome and will...
by Jason Apollo Voss | 23 11 2009 | Blog
Hello again – so glad that you have joined me here on ze blog! The Wall Street Journal is reporting this morning about a number of e-mails that were hacked out of East Anglia University in the U.K. East Anglia is a clearing house for much of the climate change...
by Jason Apollo Voss | 23 11 2009 | Best of the Blog, Blog
Good morning folks! J.P. Morgan Asset Management has just published results of its annual European Equity Survey. This survey covered the 128 largest institutional investors in Europe. Of those 128, 102, managing over $3 trillion, said that they were more inclined...
by Jason Apollo Voss | 20 11 2009 | Blog
Good morning everyone! I was traveling over the last several days so apologize for the lack of a post about a couple of important economic data points. Let’s get to them… Jobless Claims: Last week 505,000 newly unemployed folks applied for unemployment...
by Jason Apollo Voss | 18 11 2009 | Blog
Good morning everyone! I hope that each of you is doing well and gearing up for a relaxing and rejuvenating series of Holidays. We are in the 7th week of the 3rd quarter earnings season, meaning that it is just about over. How have the businesses that compose the...