by Jason Apollo Voss | 03 11 2009 | Blog
The Wall Street Journal is reporting today that top executives of firms in the Standard & Poors 500 Index saw the value of their pensions rise 19% in 2008. Over 200 executives saw the value of their pensions increase over 50%. Meanwhile the average decline in the...
by Jason Apollo Voss | 03 11 2009 | Blog
Last week’s discussions over Iran’s nuclear program ended in an impasse. While Iran announced publicly it was ready to talk about concessions in the near future, that was exactly what the talks were about in the first place. This was a classic delaying...
by Jason Apollo Voss | 02 11 2009 | Blog
During the month of October the Institute of Supply Management (ISM) index of manufacturing activity expanded to 55.7 from 52.6 in September. The way the index works is that any number above 50 indicates expansion. October’s reading was the highest manufacturing...
by Jason Apollo Voss | 30 10 2009 | Blog
The day after good GDP news we find out that the U.S. consumer, sans economic incentives like “cash for clunkers” and “first time homebuyers tax credits,” wasn’t in the mood to spend money in September. Cash flow was reined in to the tune...
by Jason Apollo Voss | 29 10 2009 | Blog
Today the U.S. press will be full of stories stating that Iran is ready to talk nukes. The Iranians certainly know how to work the press. The press loves “talks.” Mostly because “talks” are newsworthy and it means that there is something to...
by Jason Apollo Voss | 29 10 2009 | Blog
In case you haven’t heard U.S. gross domestic product expanded at 3.5% in the third quarter. That number exceeded the consensus estimate from economists of 3.2%. This is the first rise in GDP since the second quarter of 2008. Technically this means that the...