Facebook hubub worrisome

Posted by Jason Apollo Voss on Jan 9, 2011 in Blog, Worst of the Blog | 1 comment This week the investment world was all atwitter about a round of private financing done on behalf of Facebook.  The offering documents for the round of money raising for the company valued Facebook at over $50 billion.  Is this valuation reasonable?  And what does this valuation remind me of? First, the $50 billion valuation is higher than a business like Time Warner.  Time Warner has decades...
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Payroll data indicate businesses playing better

Posted by Jason Apollo Voss on May 5, 2010 in Blog, Worst of the Blog | 0 comments The month of April saw private sector jobs grow by 32,000 according to payroll giant ADP.  Economists had expected a gain of only 20,000.  What’s more, February to March employment data were revised to show an increase in employment of 19,000 from a decline of 23,000. Analysis: This is the first rock-solid employment report in the two years that the recession was strangling jobs.  We have...
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Global crisis foment

Posted by Jason Apollo Voss on Oct 7, 2009 in Blog, Worst of the Blog | 1 comment Normally I do not post about geopolitics because generally these issues do not affect the performance of the financial markets. However, I have to alert you to rumblings about Iran that I am reading, mostly via Stratfor, and why that warrants our attention. The issue of course is that Iran is developing nuclear capability. That’s something that’s especially agitating Israel –...
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Up, up and away?

Posted by Jason Apollo Voss on Nov 25, 2008 in Blog, Worst of the Blog | 0 comments …the Holiday is fast approaching and I hope that all of you have wonderful plans to enjoy a breather. Today marked the third day in a row that the financial markets closed up. More importantly, they closed up despite the fact that there was bad news from important companies. Bad news is no longer triggering panics and this is a good thing. Recall from last month’s initial blog...
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