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And ibm. The bloomberg dollar index right now down nearly 1 at session lows. On paper, its worst day since march of last year. This after treasury secretary Steve Mnuchin said in davos that a weak dollar helps us, good for u. S. Trade. We see the dollar down on this following a big down your last year. Lets take a look at the fact that was secretary Steve Mnuchin was talking about. The bloomberg dollar index down nearly 1 , its worst year on record. The dollar index, its worst you last year since 2003. The point we want to make here is when we have declines, they come in clubs of twos. A twoyear decline seems pretty fitting even though it is early in the year. Lets take a look at the big movers of the day. Ge down. 2 . This on the news of the sec probe into the company. Recently announced a charged related to the legacy business. Texas instruments down on earnings. Ual, same de ....
Is the life blood of long term investors. If you want to make money in an uncertain market, you have to go with companies that have the wherewithal and the talent to go the distance in a new world where trends no longer documented at a glacial pace. Theyre adopted at the speed of light. Today the dow plunged 217 points, s p 500 sank 6. 9 , nasdaq lost 1. 02 . We dont know who is really stuck in a downward spiral. Who is being overrun by new forces and who can withstand them or even adapt to them over time. Lets use some action to highlight those who get and it those who dont. Why dont we start with the walt disney. In the grip of a bearish narrative. The possible falloff of espn. A hugely important earnings streak because of a change in the way people watch television. There are people who wont pay up any more for espn. There are those who feel they dont need Sports Center is that other marquis programming. They can call up any inf ....
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