Eagle Eye Opener: World Markets Confident U.S. Averts Fiscal Cliff: Obama Hints at Deal

Eagle Eye Opener

World Markets Confident U.S. Makes Fiscal Cliff Deal (Bloomberg)

Investors worldwide demonstrated confidence that the United States would find a way to avert an fiscal-cliff driven economic catastrophe by driving stocks to a three-week high.  The MSCI All Country World Index (MXWD) reflected this attitude by posting another gain — this time rising 6%. In the Far East, both Japan’s Nikkei and Hong Kong’s Hang Seng gained .99%. In Europe, the FTSE 100 is ahead .83%, while Germany’s DAX posted a .72% jump. The optimism seems to have spread to the United States, with Dow Jones, S&P 500 and Nasdaq future all slightly higher.
President Obama Takes First Step Towards an Agreement (YahooFinancial.com)

President Obama hinted that he wouldn’t insist upon raising taxes for upper income Americans to the Clinton-era levels set to take affect January 1, 2013. Investors took this update as an optimistic omen on a budget deal becoming reality, sending indexes higher: DJIA ended climbing .83% yesterday, S&P 500 closed up .79% and the Nasdaq jumped .81%. Today, Treasury Secretary Timothy Geithner and the White House’s chief budget negotiator will visit with both House and Senate leaders to see if the Republican side of the aisle will respond accordingly and become more flexible on their demands for reducing entitlements.

Starbucks Newest Eye-Opener (Seattlepi.com)

In a bold move to see just how much consumers in the United States will spend to jumpstart their mornings, Starbucks (SBUX) is set to introduce a new ultra-premium coffee product: Costa Rica Finca Palmilera. Just how ultra-premium is it? Try $40 per half pound for the “Geisha” beans that produce this blend. If the ubiquitous coffee chain can make this brew a mainstay of American mornings at $7 a cup (for their “grande”), then Starbucks investors will could be laughing all the way to the bank.

Exclusive  How Risky Are REITs?
share on:

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader


Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor