Eagle Eye Opener
Whack-a-Mole Real Estate Market; China to Assume Global Lead in Oil Imports by 2017; Canada Doesn’t Want to Stay on Target
For real estate investors, trying to get a handle on where the next surge in home value will be is a lot like playing the old state fair stand-by: Whack-a-Mole.
Big Week Ahead Has Markets Playing Waiting Game Today; German and U.S. Bonds Hit Multi-Month Highs; Emerging Markets Sinking Like a BRIC
With the United States Federal Reserve set to deliver minutes from its meeting later this week, and a host of other key data due as well, today’s trading session gives off that “calm before the storm vibe.”
Buffett Grabs Stake in Suncor; The Golden Age of Parachutes; Foreign Investors Scrambling for the Exit in India
Buffett Grabs Stake in Suncor (YahooFinance) As stated in its Q213 SEC filing, Warren Buffett’s Berkshire Hathaway purchased a 17.8 million-share stake in Calgary, Canada-based Suncor. The value of those shares was assessed at $524 million at the end of Q2. In addition to now possessing a chunk of Canada’s biggest oil and gas producer, […]
‘Buy’ When There’s Blood… on the Pyramids?; Wal-Mart Misses Q2 Analysts’ Estimates; Housing Recovery? What Housing Recovery?
Baron Rothschild’s contrarian axiom, “The time to buy is when there’s blood in the streets,” was spoken after the Battle of Waterloo, as panic enabled him to clean up financially. While there literally was blood in the streets, his quote has come to mean you’ll find your greatest investment opportunities when the market looks bleakest.
European Union Showing Signs of Recovery; Water Wars: Florida to Sue Georgia Over Usage; New Chinese Pharma Investigation to Cast Wider Net
Europe’s two largest economies, Germany and France, both grew in the second quarter this year, sending a hopeful sign that the 18-month European recession may be weakening.
Barclays to Sell UAE Retail Business; Nothing Says “Economic Truth” Like KFC… Even in China; Sugar High on the Horizon, Investors Sweet on Higher Prices
Barclays Plc., England’s fourth-largest bank by market value, is currently downsizing its United Arab Emirates (UAE) retail banking business, which could be in preparation for a sale of that unit.