As told to you here…second: China raising rates

The morning’s Wall Street Journal is reporting that the Chinese central bank is, in fact, going to continue raising interest rates.  Recall that I first shared this information on the blog on Friday via information gleaned from that excellent source of information Stratfor.  So you heard it here…second…but before most of the rest of the world. Jason If you love the blog...
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Excellent post on another blog

I normally don’t point readers to other blogs – not because I don’t enjoy them myself – but mostly because other blogs are not usually in accord with my point of view.  Here is an exceptional exception to that… http://www.rcsinnovations.com/blogs/get-off-your-butt-and-grow#comment-55 The blog post basically says that economic downturns are ideal times for business...
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Rumor of another rise in Chinese interest rates

My favorite source for all things geopolitical, Stratfor, is reporting this morning that their sources in China are saying that the government there is going to raise interest rates again in December.  Recall the churning caused in global financial markets when the Chinese announced an interest rate increase October 18 of the year.  Several weeks ago when the rates went up I spent some time...
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Third Quarter 2010 U.S. GDP

This morning the results of the first pass at estimating gross domestic product for the third quarter just ended were released.  The U.S. economy grew 2.0% according to the Commerce Department.  This compares to a consensus expectation of 2.1% by economists. For reference the second quarter GDP is now estimated to have been up 1.7%. Analysis: As a former professional investment manager I can...
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Have we turned the corner on jobs?

This morning the Department of Labor said that weekly jobless claims fell by 21,000 to a level of 434,000 last week.  This is the lowest level of claims since July of this year.  Economists had expected that jobless claims would rise by 3,000.  Meanwhile, the four-week moving average number of jobless claims fell by 5,500 to a level of 453,250. Analysis: While it may seem as if this is good...
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28 October 2010: “Best of the Blog” Has Been Updated

I spent last weekend reading through the blog postings I have done subsequent to August 2009, which was the last time that I reviewed postings that I felt qualified for the Best of the Blog.  I added nearly twenty new posts.  So if you are new to the blog, or an old, wily vet, take a look… https://jasonapollovoss.com/webcategory/the-blog/best-of-the-blog/ Jason
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The financial markets are a little light on news

You may have noticed that I have not posted yet this week.  Truthfully there really is not much happening in terms of the news flow.  Yet despite that the financial markets are at, or very near, their yearly highs.  In the past you may remember that I have commented that a rise in the financial markets (an effect) without positive news (a cause) is worrisome.  In this situation I have to say I...
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