Above Avalon Episode 30: The Wild Week on Wall Street
I take a closer look at what may be driving some of the recent volatility on Wall Street. There were a number of observations to make for how Wall Street responded to AAPL earnings. The discussion then shifts over to the volatility impacting Disney and nearly every company associated with the legacy TV paradigm. There were signs of market fear and panic in the media space last week, driven by the idea that ESPN and many of the current cable TV players are in trouble. These fears may be overblown.
Show Notes:
Disney Defends ESPN in an Age of Cable Cord-Cutting - WSJ
Above Avalon Membership (access to AAPL 3Q15 earnings review) - Above Avalon