Fed is Repeating Itself; Beef Prices to Rise; EU Banks Creeping Up

Eagle Eye Opener

Getting to Love “The Same Ole’ Same Ole’ (YahooFinance)

For the last couple of months, U.S. Federal Reserve Chairman Ben Bernanke could have turned over the podium to a parrot to deliver a summary of the monthly Fed meeting. That’s how predictable these post-meeting addresses have become. Perhaps, until there is a significant change to report, the Fed could bring in a guest speaker to deliver the almost-rote report: “While there are numerous indications that America’s economic recovery is still gaining momentum, at this time we don’t anticipate a reduction in the government’s $85 billion a month stimulus program.” And that would be just fine for investors, as you won’t find many of us that mind the pattern of almost-weekly new market highs. Here’s hoping the next time we see “Helicopter Ben” he’s accompanied by his newest assistant, Polly.

A Steak Through the Heart of Consumers (Bloomberg)

Rising feed costs have resulted in U.S. beef production hitting a 21-year low and have forced ranchers into making a tough decision. They can either cut herd size or swallow the price increases. And in this economy, that’s really no choice. So, for the fourth year in a row, beef production has been cut. According to analyst estimates compiled by Bloomberg, this will result in the smallest herd since 1973. Last summer’s drought is still to blame, and will continue to be the villain until the summer of 2014. This is because it takes a full two years to raise enough cattle to actually increase the supply of “slaughterable” beef. In the meantime, carnivores will have to eat higher prices while consumers may want to scour the market for leftovers.

Exclusive  Budget Deal Boosts Gold

For Optimistic Investors, We Present the European Banking Sector (CNBC)

With 17 countries all contributing to define the current state of the European Community’s (EU) economy, it’s understandable that investors could be left scratching their heads when it comes to which reports to believe. But not if you’re one of those “glass-is-half-full” investors, as you don’t need to look far for optimistic reports. For example, earnings for the second quarter of 2013 clearly reflect strengthening conditions in both France and England, as far as banking goes. French bank, Societe Generale, reported earnings that more than doubled 2012’s same-quarter figures. Lloyds delivered similar results, when the English bank confirmed reports that it returned to profitability in the first half of this year. So, all’s well and on target for an EU recovery, right? Well, don’t bet on it, just yet.

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


img
previous article

India’s expanding manufacturing activity of late is an encouraging sign for investors who previously may have avoided that emerging market due to the country’s slow economic growth and relatively high inflation.

PREMIUM SERVICES FOR INVESTORS

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

LEARN MORE HERE

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

LEARN MORE HERE

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

LEARN MORE HERE

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

LEARN MORE HERE

Mike Turner

Mike Turner’s financial, mathematical, computer science and engineering background serves as the foundation for his disciplined, rules-based approach to trading. Mike’s three services include:

Product Details

LEARN MORE HERE

Hilary Kramer

Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:

Product Details

LEARN MORE HERE

DividendInvestor.com

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.

LEARN MORE HERE