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...

QE3

by | Sep 17, 2012 | Blog, Finance & Economics

Posted September 17, 2012 9:45 Well, the market finally got what it wanted, QE3. The market was definitely excited as the market rallied 200 points on Thursday and then another 50 points on Friday as traders felt that they got what they had been hoping for. Not only...