S.O.L. jobs situation

Posted by Jason Apollo Voss on Oct 10, 2010 in Blog | 0 comments Thursday the U.S. Department of Labor announced that the U.S. economy shed 95,000 jobs total (!).  The huge majority of those jobs were census workers and other government employees at both the national, state and local levels.  The private sector added 64,000 jobs in September.   These totals meant that the unemployment rate remained unchanged at 9.6%. Analysis: By now this is a tired old...
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Shrinking growth

Posted by Jason Apollo Voss on Oct 10, 2010 in Blog | 0 comments Last week the International Monetary Fund cut its global growth forecasts for both 2010 and 2011.  That staid organization now expects growth will be 4.8% in 2010 and 4.2% in 2011.  That familiar culprit, the European sovereign debt crisis, is primarily to blame for the downward revisions.  The largest reduction in estimates was reserved for the United States with growth here expected to be 2.3%...
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Massive Dow uplift

Posted by Jason Apollo Voss on Oct 5, 2010 in Blog | 0 comments Good morning from cloudy Miami! You can’t help but have noticed the massive uplift in the value of the Dow Jones Industrial Averages yesterday. In case you missed the surge, the DJIA was up 193.45, or 1.8%! The first question that naturally pops into my mind is: why? Why now? What suddenly changed to convince folks that yesterday was THE time to buy? Presumably the answer was comments made...
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The power of creative destruction, baby!

Posted by Jason Apollo Voss on Oct 4, 2010 in Best of the Blog, Blog | 0 comments One of the first topics I covered on the blog at its inception almost two years ago was the power of capitalism’s “creative destruction.”  What the heck is that?  It is economist Joseph Schumpeter’s concept that capitalist economies are in a constant state of life-extending evolution.  New ideas lead to new businesses and new products and new consumer choices, or if you...
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Where are we now?

Posted by Jason Apollo Voss on Oct 2, 2010 in Blog, Predictions | 0 comments The last several days of last week saw a new crop of economic data (see my post below). Because of their inconclusive direction, that perrenial investment question needs to be answered yet again: where are we now? This situation has been in place since March of this year when the staring contest, or game of chicken, that I have been discussing here for some time ensued.  If you are new to the...
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Examining the latest economic crop

Posted by Jason Apollo Voss on Oct 2, 2010 in Blog | 0 comments Last week saw the arrival of a freshly picked economic data crop.  Let’s take a close look at some of the important data… In August U.S. consumer spending rose by 0.4%. This was the same level as for July. Analysis: While it is encouraging to see consumer spending both positive (up 0.4%), and a non-downward trend, the fact is that consumer spending is anemic right now.  Until the...
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1 October 2010: The Intuitive Investor Publication Date (!)

Posted by Jason Apollo Voss on Oct 1, 2010 in News & Events | 3 comments The Intuitive Investor: A Radical Guide for Manifesting Wealth is OUT!  Order your copy today.
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