Sequestration

by | Feb 27, 2013 | Blog, Finance & Economics

Posted February 27, 2013 21:02 In two days, the so-called ‘Sequestration’ will hit. The effects of sequestration could amount to a decrease of 0.5% off of our GDP. But more importantly, could cost many people their jobs. Investors all around the globe are wondering...

Apple’s Earning Report

by | Jan 29, 2013 | Blog, Finance & Economics

Posted January 29, 2013 9:50 This past Wednesday, Apple reported their earning report for fiscal Q1 2013. In their report, Apple reported record earnings. But on the flip side, Apple failed to beat estimates on a number of fronts. The only data point that Apple...

Fiscal Cliff

by | Dec 23, 2012 | Blog, Finance & Economics

Posted December 23, 2012 9:01 The fiscal cliff is only 10 days away and we still don’t have a deal. Both sides are on their holiday break and will come back this Wednesday. At that time, Congress and the President will have five days to work out a deal to save the...

Jobs Report and the Presidential Election

by | Nov 2, 2012 | Blog, Finance & Economics

Posted November 2, 2012 14:39 Today, we received the last jobs report before the presidential election on Tuesday. There were 171k jobs added while the unemployment rate ticked up to 7.9%. With the presidential election coming on Tuesday, there wasn’t that big of a...

Apple’s Earnings Report

by | Oct 28, 2012 | Blog, Finance & Economics

Posted October 28, 2012 16:32 This past week Apple (AAPL) reported their 3rd quarter earnings. The results were basically in-line along with the expected conservative guidance for Q4. Apple said that the reduction in the amount of iPhone and iPad units sold was due to...