by Jason Apollo Voss | 14 09 2010 | Blog
August retail sales were up in the United States by 0.4%. This figure compares to a July retail sales figure of up 0.3%. Excluding automobiles and parts, retail sales rose 0.6% last month. If you were to exclude the same category, car-stuff, in July, retail sales...
by Jason Apollo Voss | 13 09 2010 | Best of the Blog, Blog
Over the weekend it was announced that global banking regulators had finally agree to new capital standards for banks. The standards were coordinated by the Basel Committee on Banking Supervision. In short, banks are going to be required to have more capital (read:...
by Jason Apollo Voss | 13 09 2010 | Blog
In August the world’s second largest economy, China’s, showed 13.9% growth in industrial production. Because so much of China’s economy is manufacturing driven this figure is a good approximation of economic health. The result was the first time in...
by Jason Apollo Voss | 07 09 2010 | Blog
On Wednesday President Barack Obama is expected to announce a number of business-related tax breaks. Among them are some pretty expensive incentives, for example: An expansion of the research and experimentation tax credit, specifically a focus on railways, runways...
by Jason Apollo Voss | 06 09 2010 | Blog
The President of the European Central Bank, Jean-Claude Trichet, raised his organization’s official forecast for economic growth for the EU for the remainder of 2010 from 1.0% to 1.6%. Analysis: While 0.6% may sound like a meager increase in absolute terms, in...
by Jason Apollo Voss | 06 09 2010 | Blog
Department of Labor statistics released Friday show that the aggregate U.S. economy shed 54,000 jobs in August. Massively contributing to the negative number were the 114,000 census workers whose temporary jobs went bye-bye. What that means of course is that the...
