by Jason Apollo Voss | 28 10 2009 | Blog
Perusing the newspapers this morning it is difficult to feel super positive about the economic recovery. Before taking these in turn let’s establish the appropriate context for evaluating these stories. Context: The financial markets rose very strongly from...
by Jason Apollo Voss | 26 10 2009 | Blog
For many months now here on ze blog I have been saying that this recession would hopefully be different from most. Specifically I have been hoping that the U.S. consumer would reduce its debts. The idea is that for the long-term economic health of the nation that the...
by Jason Apollo Voss | 23 10 2009 | Blog
Last month saw a surge in existing home sales. Specifically, they were up 9.4% vs. last year’s same time period. This sharply contrasts will August’s 2.9% fall. So why the sudden surge? First, and most importantly home prices continue to fall. We have a...
by Jason Apollo Voss | 23 10 2009 | Blog
Yesterday U.S. Vice-President Joe Biden spoke publicly in Romania. The content of his speech was designed for two audiences: all of the countries along Russia’s western border and for Russia itself. Specifically he stated: “The United States stands against...
by Jason Apollo Voss | 22 10 2009 | Blog
Chinese GDP China released its third quarter GDP figures today. They claim that their economy grew by 8.9%. [I say ‘claim’ because Chinese statistics are notoriously manipulated.] Additionally, there is evidence that the economy is becoming more...
by Jason Apollo Voss | 22 10 2009 | Blog
Kenneth Feinberg, who has the ignominious title of U.S. pay czar is zapping the pay of firms receiving U.S. government monies. To me this is exciting news. For over a year I have been waving the flag of salary and incentive compensation reform. Thankfully the...
