Hollywood Reporter: "The silver lining for those whose retirements might be tied up in media stocks? Beats banks and cars.
On Friday, the Dow Jones touched an 11-year low before recovering to a mere six-year low. The index, which fell 34% last year, is off another 16% this year. The S&P 500 is off 15% this year."
1 comment:
Wow, this is pretty easing to hear that our stocks are not doing as bad as some of the others. I mean, it seems logical since there are not direct ties with those other industries, but still after constantly hearing about all of these shows closing down and companies doing bad, it's a bit easing to know we're not doing that bad.
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