Eagle Eye Opener
Weaker U.S. Q2 Data Gives Far East Stocks a Lift; European Markets Mixed on U.S. & E.U. News; Citibank Goes to Baghdad
Global stocks rose on Thursday on hopes that the Fed’s stimulus program would regain support in the wake of U.S. quarterly growth lagging predictions.
Gold Dips to 34-Month Low; U.S. Stocks Rise as GDP Report Fuels Fed Stimulus Bets; China’s Central Bank Soothes Markets
Gold fell to a 34-month low, as improving U.S. economic data strengthened the case for the Federal Reserve to reduce the Federal Reserve’s ongoing monetary policy stimulus.
New Pipelines Opening in Texas; Home Foreclosures Not a Thing of the Past; Longtime Rivals Find Middle Ground on Cloud
The first of seven new oil pipelines came online yesterday, carrying oil from choke points in Oklahoma and the interior of Texas to the Gulf Coast, where refineries await.
Market’s One-Day Tank; Boeing Lists Production Plans; Economic Protests in Brazil
Stocks fell 2 percent on average yesterday, in what could be the beginning of the end for the world’s “inflate-a-bull” market.
Is the Federal Reserve There Yet?; British Bourse Buckles as Well; The Danger of Thinking Outside of the Box… Voice Box That Is
It’s official; U.S. Federal Reserve Chairman Ben Bernanke told reporters yesterday that the government’s quantitative-easing stimulus program would end by mid-2014.
Rupert Murdoch Splits News Corp.; Confidence Waning in Emerging Markets; Inflation at 53-Year Low… Means Very Little to Middle America
Rupert Murdoch relented to shareholder demands, splitting his News Corp. media empire into two separate investments.