Last Week’s Market Activity
- Stocks little changed Friday. Intra-market moves were in focus, particularly ~3% difference between energy (+1.7%) and consumer staples (-1.0%)
- Consumer staples slide. 970 more words
Cord cutting, competition and changing consumer preferences are taking subscribers from the cash cow behind the Disney conglomerate.
The Economist explains.
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FOR much of this century ESPN, the television sports network, has been Disney’s cash machine, collecting billions more dollars from American subscribers each year than the company gets from its blockbuster “Star Wars”, Marvel and Pixar films combined.
This time three years ago, we wrote a blog wondering if we’d seen an end to Eurozone-inspired summer volatility. This week, we’re wondering if what looks like an economic turning point and some surprise central bank moves will herald volatility’s return. 1,204 more words