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Jon C. Ogg

The American Jobs Act: Rhetoric & Attacking Incentive Lives On

Tonight’s speech from President Obama started out great and offered great promise.  The Republicans and the Democrats are likely going to be further apart tomorrow than they were before.  The problem is that this…

Jon C. Ogg · 15 years ago

Credit Conundrum: Rising Credit As Deleveraging Continues

The Federal Reserve has released its reading on consumer credit with an increase for July showing an annual growth rate of 6%.  What Ben Bernanke keeps talking about is lower household spending and that…

Jon C. Ogg · 15 years ago

Bernanke Throws Up A Dud Speech Ahead of Obama

The highly awaited speech from Fed Head Ben Bernanke at the Economic Club of Minnesota is out, preempting the President Obama speech this evening.  What is interesting is that the speech has much of…

Jon C. Ogg · 15 years ago

Why the Yahoo! Rally is Over (YHOO, GOOG)

Yahoo.comShares of Yahoo! Inc. (NASDAQ: YHOO) got a nice boost yesterday on the news that the company’s CEO had been fired. But all good things must end, and that’s what is happening yesterday as…

Jon C. Ogg · 15 years ago

The BofA Split-Up? Up to 600 Branch Closings (BAC)

To say that Bank of America Corporation (NYSE: BAC) is under pressure remains the understatement of 2011.  The DJIA industrial average component is under attack from every angle.  It is now under attack from…

Jon C. Ogg · 15 years ago

Weekly Jobless Claims, From Poor to Poorer

The count is growing… Weekly jobless claims as a figure is still headed the wrong way and still above that awful 400,000 line.  The Labor Department reported that jobless claims in the last week…

Jon C. Ogg · 15 years ago

Mortgage Refi Opportunities Squandered In America

Interest rates have been busy hitting life-time lows, but the irony is that fewer and fewer Americans are able to take advantage of this situation.  The most recent report from the Mortgage Bankers Association…

Jon C. Ogg · 15 years ago

Evaluating the VeriSign Rumor Mill (VRSN)

VeriSign, Inc. (NASDAQ: VRSN) is up a second day in a row on strong volume after the company has cancelled two investor presentations.�� The hope is that there is some M&A development brewing as…

Jon C. Ogg · 15 years ago