by Jason Apollo Voss | 01 07 2009 | Blog
Yesterday it occurred to me why the financial markets might have been going sideways for about 2 weeks…window dressing. What the heck is that? Window dressing is the age old practice of portfolio managers, who have had good performance in a quarter, selling...
by Jason Apollo Voss | 01 07 2009 | Blog
There is another important GM in the U.S. economy: General Mills. Today they reported results from their fiscal fourth quarter and they were excellent. Profits nearly doubled and they said that they not only were comfortable with analysts’ estimates for the...
by Jason Apollo Voss | 30 06 2009 | Blog
Good morning folks! Today brings a couple of economic data points worth considering. First, is that the Standard & Poors Case-Shiller home price index fell very slightly in April. This marks the third consecutive month of a very slight decline. Second, Consumer...
by Jason Apollo Voss | 29 06 2009 | Blog
By the time you read this most of you will have heard that Bernard Madoff was sentenced to the maximum allowed 150 years in prison. The sentence is far longer than that received by other corporate criminals over the last decade. I applaud the judge for the sentence. I...
by Jason Apollo Voss | 26 06 2009 | Blog
Happy Friday everyone! Today’s post is about all of the good news that is permeating the press. Without further adieu… The savings rate in the United States hit its highest level in 15 years at 6.9%. This number is hugely important for the long-term health...
by Jason Apollo Voss | 24 06 2009 | Blog
Good morning, good morning! I hope that this blog post finds each of you doing well. May’s orders for durable goods was up 1.8%. What the heck is a durable good? These are the big purchases that consumers make like computers and washing machines. Do you remember...
