Eagle Eye Opener
Don’t Get Fooled by S&P’s Dark Secret about Technology; Is European Telecommunications Getting Cut off? Six States Eye Gold as Currency
One key sector of the S&P 500 has lost ground: technology.
‘Play in May’ Pushing Global Markets to Five-Year Highs
Beginning with last week’s positive U.S. jobs report, the world’s markets appear set to hug-it-out of the current economic malaise, with European shares nearing five-year highs.
Eagle Eye Opener: China’s Services’ PMI Drops to Lowest Score in 20 Months; Far East Markets Strengthen
Investors and analysts looking to bash China in 2013 seem to have no end of data to use.
Eagle Eye Opener: U.S. Jobs Reports Shows Gains and Drop in Unemployment; Retail All-Stars Come up Short
The U.S. non -farm payroll report this morning beat expectations by showing a 165,000 rise in April payrolls, compared to economists’ expectations of new 145,000 jobs for the month.
Eagle Eye Opener: ECB Cuts Rates Again to Fuel Growth; Gold May End Nine-Decade Streak of Gains This Year; GM Beats Earnings Estimates Handily
The European Central Bank (ECB) today announced a further 25 basis point cut to its primary interest rate, lowering it to .5 percent. Such a cut, combined with yesterday’s weaker-than-expected U.S. employment report, has curbed optimism for a global economic recovery.
Eagle Eye Opener: China Watches as Jobs Fly Offshore; U.S. Economy Stays Sluggish; $17 Billion Equals Bond Record for Apple, Inc.
A decade ago, all outsourced manufacturing roads led to China.