Bonds are up so stocks went down

By on Sep, 14 2014 with Comments 0

If it isn’t one thing, it’s another – and on Friday analysts believed improving bond returns enticed some investors out of the stock market and sent prices down. Down was certainly the story for broadcasters. Salem was one of the few positives – was Salem bolstered by an RBR-TVBR interview with CFO Evan Masyr? Hmmm….

The RBR Radio Index fell 12.862, or 1.6%, to 785.370.

The TVBR Television Index fell 7.894, or 1.0%, to 788.996.

Winner
Salem, up 1.3%

Losers
Beasley, down 5.2%
Gray, down 3.0%
SBS, down 3.0%

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About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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