Eagle Eye Opener
Eagle Eye Opener: Asian Markets Up; Effect of Obama’s Win; Investing in the Yankees
Far East markets rebounded from sharp drops last week with gains today as investors were heartened by a more optimistic outlook on the U.S. fiscal cliff.
Eagle Eye Opener: Italy Eyes Big Changes; Asian Stocks Mixed
Italy’s Finance Minister Vittorio Grilli said the country needs “deep changes” to make it a more appealing trade partner than it is now.
Eagle Eye Opener: EU Officially Is in Recession; Potential U.S. Credit Downgrade Looms
Eurostat reported negative economic growth in the third quarter for the 17-member European Union (EU). On the heels of Q2 2012’s .2% backslide, this second straight quarter of contraction signaled that the EU has fallen back into a recession for the first time in the last three years.
Eagle Eye Opener: Investors Exhale about Chinese Power Transfer; Fiscal Cliff Update
Investors in Asian markets can breathe a sigh of relief as China’s transfer of power finally began, ending months of uncertainty.
Eagle Eye Opener: Euro Hits High; “Drill Baby Drill”; Twinkie-Gate
Euro Hits Two-Year Low on EU Indecision (YahooFinance.com) Currency investors watched the euro hit a two-year low versus the U.S. dollar on Tuesday. The drop was, in part, due to the European Union’s delay in delivering another round of badly needed bailout funds to Greece — despite the fact the country had just approved another […]
Eagle Eye Opener: Greece II; Japanese Stimulus; U.S. Futures Up
Greece II, Only Bigger, Worse Off and More Stubborn (CNBC.com) Investors still toying with the idea that Europe’s on the verge of a comeback need only look to Spain for a quick reality check. With unemployment at 25% and the Spanish economy mired in its own recession,Spain is fast tracking itself to becoming the next […]