Eagle Eye Opener: Italy Eyes Big Changes; Asian Stocks Mixed

Eagle Eye Opener

The Boot Won’t Be Europe’s Third Shoe (CNBC.com)

Advertisement.

European investors can take heart that Italy’s doing everything in its power to not become the third shoe to drop — behind debt-battered Greece and Spain. Yet, despite progress and economic reform, Italy’s Finance Minister Vittorio Grilli said the country still needs “deep changes” to make Italy a more appealing trade partner than it is now. With a realization that fiscal reforms are needed, Italy appears heading in the right direction, even though it’s gross domestic product (GDP) has contracted 2.4% year-over-year, as that’s a .2% improvement over expectations.

Far East Markets Closed Mixed on Uncertainty (MorningStar.com)

With the European Union’s just-confirmed recession, the “fiscal cliff” in the United States and economic downshift in China, Asian investors couldn’t make up their minds where to put their money today. Both Hong Kong’s Hang Seng (.24%) and Japan’s Nikkei (2.2%) closed up, while the Shanghai Composite (.77%) ended the day down.  European Union markets reacted as expected following a second quarter of negative growth with FTSE down .67%, Germany’s DAX dipping .46% and France’s CAC 40 sliding.23%.

Advertisement.

Blacker Friday — Wal-Mart Workers to Walk Next Week (YahooFinance.com)

In a protest against low wages, long hours, and already lean benefits that are targeted for even deeper cuts in 2013, workers at a SoCal Wal-Mart distribution center and six Seattle superstars walked off of their jobs yesterday. Investors should be aware of the labor unrest at Wal-Mart and its potential effect on sales, since the protests could spread to other stores operated by the giant discount retailer. A union-backed group named Making Change at Wal-Mart announced that next week, protests and strikes would expand to cities across the United States, including Chicago, Dallas, Miami, Milwaukee, Los Angeles, Minnesota and Washington, D.C. Those planned strikes would involve thousands of workers. Wal-Mart’s history of crushing previous union protests will be sorely tested next week, as the important holiday-selling season kicks off.

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


img
share on:

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

  • Forecasts & Strategies
  • Low-Priced Stock Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader
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

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

  • Successful Investing
  • Bullseye Stock Trader
  • Fast Money Alert
  • High Velocity Options
  • Crypto & Commodities Trader
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

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program
LEARN MORE HERE

Generational Wealth Strategies

Generational Wealth Strategies is a unique advisory service dedicated to helping people increase their retirement prosperity while also protecting and passing on more of their accumulated wealth.

Product Details

  • Generational Wealth Strategies
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.

  • Dividend Investor
LEARN MORE HERE

George Gilder

George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives.  He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance.

Product Details

  • Technology Report
  • Technology Report PRO
  • Moonshots
  • Private Reserve
  • Millionaire Circle
LEARN MORE HERE

DayTradeSPY

DayTradeSPY was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, Hugh instead developed his own trading system centered around day trading SPY options. That’s it… Nothing else.

Product Details

  • Trading Room
  • Pick of the Day
  • DayTradeSPY Signal
  • Inner Circle
  • Online Workshops
LEARN MORE HERE