Eagle Eye Opener
Prospects for Gold Bullish in Wake of Fed Decision
On Wednesday, the day the Fed announced that it would not reduce its stimulus purchases, gold shot up 4.1 percent to mark its biggest gain in 15 months.
German Election Results Expected to Extend European Slow-Roll Recovery
Heading into the Sept. 22 elections, polls indicate that German Chancellor Merkel’s conservative CDU/CSU coalition would capture 38 percent of the vote.
Global Shares too Reliant on Fed Moves?
After the Fed’s surprise decision on Wednesday not to taper its $85 billion a month in stimulus, global markets took off on Wednesday and Thursday, ending the week at five-year highs.
Japan Leading the Way as World’s Most Volatile Bond Market
For the most part, Japanese Prime Minister Shinzo Abe’s sweeping economic changes have been a boon to the moribund Japanese economy.
JPMorgan Chase & Co. Becomes Latest Triple-Crown Parade
Last year, the Detroit Tigers’ star Miguel Cabrera became the first baseball player in half a century to lead his league in batting average, home runs and runs batted in (RBI).
Fed’s Stimulus Shocker Sends Stocks Surging
At approximately 2:05 pm EDT, yesterday, global stocks surged higher on the surprise news that the country’s $85 billion a month stimulus plan will continue chugging along for another month at least.