Jason Apollo Voss

European Sovereign Debt Crisis: Overview, Analysis, and Timeline of Major Events

Posted by Jason Apollo Voss on Nov 21, 2011 in Blog | 0 comments Editor’s note: This post will be updated periodically as events unfold. Last updated 14 December 2012. Most commentators trace the beginning of the European sovereign debt crisis to 5 November 2009, when Greece revealed that its budget deficit was 12.7% of gross domestic product (GDP), more than twice what the country had previously disclosed. However, the real origins of the crisis can be...
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European Central Bank Holds the Key to Resolving the European Sovereign Debt Crisis

Posted by Jason Apollo Voss on Nov 17, 2011 in Blog | 0 comments This will be a short post, but I wanted to update my recent post about the European sovereign debt crisis. Everything in that post that I wrote I still hold to be self-evident truths. If anything the situation in Europe is worse now than when I wrote the post. Here’s what I have to add now: Beyond the Euro-negotiators not addressing the underlying causes of their misery, the next...
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European Sovereign Debt Crisis: Pertinent Statistics

Posted by Jason Apollo Voss on Nov 14, 2011 in Blog | 0 comments It is one thing to talk about the European sovereign debt crisis and its many details and another to look at the statistics that are germane to understanding the crisis. Here then are some select data to help shape the story, and provide context for understanding some of the issues. In the table below, the compound annual growth for debt in 2006 and projected through the end of 2012 is shown in...
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European Sovereign Debt Crisis: Littany of Unresolved Issues Looms Large

Posted by Jason Apollo Voss on Nov 10, 2011 in Blog | 0 comments Here is a list — comprehensive but most certainly not complete — of unresolved issues in the European sovereign debt crisis: 1. Does it make sense for a member-state to leave the European Union and/or the eurozone? There has been much discussion about forcing Greece and other nations to exit the EU and/or the eurozone, but does this make good economic and political sense? 2. How can the...
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7 November 2011: Jason Apollo Voss Equity Risk Premium Article in the Financial Times

Posted by Jason Apollo Voss on Nov 7, 2011 in News & Events | 0 comments This morning the Financial Times published a piece I wrote about the equity risk premium under my guise as a Content Director of CFA Institute. Humbly, this story was published worldwide. If you subscribe to the print edition of the FT it is in the FTfm section on page 23. Thanks are owed to the Financial Times, as well as CFA Institute’s Len Costa, Robert Gowen, Mark Harrison and Rodney...
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The Latest Plan for Resolving the European Sovereign Debt Crisis

Posted by Jason Apollo Voss on Nov 6, 2011 in Blog | 0 comments On 27 October 2011, after months of discord, European leaders ironed out a plan to address the escalating European sovereign debt crisis. Here is an overview of what exactly that plan entails. Reduce Greece’s debt to a sustainable level. Current Greek debt holders are asked to voluntarily take a 50% write-down in the value of their bonds. There was a fear that any write-down in the value of...
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European Sovereign Debt Crisis Opera: Has the Fat Lady Sung?

Posted by Jason Apollo Voss on Nov 1, 2011 in Blog | 2 comments Unquestionably, the economic and investing question of the last two years has been the European sovereign debt crisis opera. Financial markets rallied in expectation of a plan to resolve the crisis and then orgasmed upon the revealing of the plan. So the question now becomes: has the fat lady sung and is the opera over? That is, does this plan end the drama? In short, the answer is...
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