Eagle Eye Opener
Eagle Eye Opener: Fed’s Bernanke is Rock Star for Markets; Dow’s Five-Year Recovery Plan; British 20-Somethings Get Reailty Check
Chairman Ben Bernanke’s status as the Fed’s resident “rock star” is still as strong as ever.
Eagle Eye Opener: JP Morgan Cuts 17,000 Jobs Related to Mortgage Mess; Italy’s Election Causes Uncertainty; Honda Opens New Tokyo Plant
JP Morgan Chase & Co (JPM) is looking to trim about 17,000 jobs from its ledger by the end of 2014. However, investors considering JPM shouldn’t mistake this action for mass cost-cutting.
Eagle Eye Opener: World’s Markets Lose Ground; Home Depot Rises; Nestle’s Remains on Acqusition Binge
Worldwide, a wave of fear seems to have swept up investors — leaving a trail of red numbers in its wake. In the Far East, the Nikkei 225 lost 2.26 percent, while the Hang Seng and Shanghai Composite gave back 1.32 and 1.4 percent, respectively.
Eagle Eye Opener: Italy’s Election Has Implications for Euro; Lowe’s Tops Expectations; Yen Nears Three-Year Low
Italian polling stations close at 3:00 p.m. their time today to end voting in the country’s wide-open, two-day general election. The results will go a long way in deciding European market performance for the year, as well as the long-term life of the euro itself.
Eagle Daily Investor: German Business Confidence Rises; J.C. Penny Prospects Improve with Financing; Pimco’s Chief Predicts Yields May Climb for Treasuries
Despite a week of sub-par news, German business confidence rose more than analysts expected to reach a 10-month high in February.
Eagle Eye Opener: Concern about QE Hurts Equities; Weather May Have Led to Drop in January Housing Starts; Asian Markets Retreat
U.S. markets dropped more than they had in three months yesterday after the release of the minutes from the Federal Reserve’s latest meeting on Jan. 30 when Fed officials expressed concern that quantitative easing (QE) may decelerate before the target unemployment rate is hit.