Upgrades & Downgrades: Disney Gets Knocked Down
This month’s thermometer may be frightful but the January Barometer is on course to warm investors’ hearts by lining their pockets. Major markets closed at weekly highs as the Dow rose on each of the year’s first five sessions an event unseen since ‘06 while the S&P 500 finished at its best level in 15 months. This despite disappointing jobs December data; even as an anonymous bidder was able to afford almost $10 000 for an old employment contract of Marilyn Monroe 85 000 Americans picked up pink slips last month. Internet giant Google (GOOG) announced its intention to ...
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