Eagle Eye Opener
Eagle Eye Opener: Boehner Proposes Budget Deal; Japan’s Prime Minister Gains Allies; Election Results Lift Nikkei
Republican House Speaker John Boehner indicated that his party would accept higher tax rates for those earning more than $1 million a year, while extending lower tax rates for those making less than that.
Eagle Eye Opener: Global Indexes Rise on Good News in China and Europe; UBS Fined $1 Billion in Libor Scandal; BMW Outperforms Mercedez
HSBC’s China Purchasing Manager’s Index (PMI) rose, to a 14-month high of 50.9. That’s the third month in a row that the PMI has been above 50, which represents manufacturing expansion. Far East markets rose slightly on the news.
Eagle Eye Opener: Investors Eye Homes for Rental Income; Fed Plans to Sustain Low Interest Rates; Google Avoids $10 Billion in Taxes;
Zillow’s lead economist said investors are purchasing distressed and non-distressed homes and flipping them into rentals.
Eagle Eye Opener: Investors Flee Equities for ETFs; Golden Solution to India’s Debt
Two enormous changes in the oil industry demonstrate usage is moving from west to east, and oil investors better take notice if they want to profit in the future.
Eagle Eye Opener: Off-Shoring Corporate Income; U.S. Government Profits from AIG Bailout
U.S.-based businesses investing income outside of the United States include: Microsoft (MSFT), $66.6 billion; Cisco (CSCO), $45 billion; Oracle (ORCL), $31.6 billion.
Eagle Eye Opener: Investors Hurt by Italian Leader’s Plan to Resign; Corn Prices Dip; Wall Street Bonuses Trump Average U.S. Salary
Investors, especially those who own Italian-based financials. incurred paper losses when Italy’s prime minister announced his plans to resign. The nation’s biggest bank, UniCredit SpA, fell 6.4%, sending the FTSE MIB Index down 3.5% for its biggest drop in a decade.