BLOOMBERG Bloomberg Markets December 18, 2015
Why we are waiting, i want to go to julie hyman. We are seeing a lot of steep selling in the markets today. Following on the heels of the after the happened fed raised Interest Rates for the first time in a long time. All averages are lower by at least 1 or more. 500, 16 above the 10 day average as we see expiration of futures contracts. Two of the biggest drags individually on the major averages today are disney and apple. Disney, despite the star wars hullabaloo is being downgraded. Company is overpaying for sports rights. Apple his been on downtrend, setting up for a negative month rate the...
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