by Jason Apollo Voss | 21 08 2009 | Blog
In July sales of existing homes (i.e. not newly constructed homes) rose 7.2%. That is their highest level in almost 24 months. This is the second consecutive month of positive sales figures. Obviously one of the reasons that home sales are finally happening again is...
by Jason Apollo Voss | 21 08 2009 | Blog
Happy Friday everyone, At the annual powerful persons confab in Jackson Hole, Wyoming, the chairman of the Federal Reserve, Bernanke, said that “economic activity appears to be leveling out in the United States and abroad. He also said that it was likely that...
by Jason Apollo Voss | 20 08 2009 | Blog
Good morning everyone – I hope that this message finds you well! The Wall Street Journal has a detailed piece about the Securities and Exchange Commission this morning. The gist of the article is that the SEC is too lawyerly in its approach to regulation. It...
by Jason Apollo Voss | 18 08 2009 | Blog
I officially hate financial market moves on no-news. Yes, yes, everyone said that today’s correction was due to overseas market corrections that were in response to big moves in currencies. OK, so what caused the big move in currencies? There was no news....
by Jason Apollo Voss | 17 08 2009 | Blog
Good morning everyone. I hope that your weekends were all excellent. Various nations’ recessions ended in the second quarter. Among the significant countries whose economies returned to growth are: France Germany Japan South Korea Singapore I am especially...
by Jason Apollo Voss | 14 08 2009 | Best of the Blog, Blog
The financial markets have had several sizable selloffs in the last week. Thank goodness. Because the second quarter earnings season is essentially over, the emphasis now shifts from responding to the economic-wide insights provided by businesses in their earnings...
