Daily Finance & Markets Brief · October 18th

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Daily Finance & Markets Brief · October 18th

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From storyflo. This is your daily audio brief. Mason here, October 18th. The market read in five — let's start with the headline number. Let's get into it. First, from ZeroHedge. Netflix Boots Content Chief As Viewership Sags. Netflix shares are locked in a bear market, down nearly 25% year-to-date, as the platform's viewership growth has slowed and recent shows have seen troubling audience declines in their second seasons. Bloomberg reports that chief creative officer Bela Bajaria has been abruptly booted and is set to be replaced later this month by veteran entertainment executive Peter Rice. Rice, a former senior executive at Walt Disney and 21st Century Fox, will take the reins on October 26 and oversee scripted and unscripted series, films, and live events worldwide. Next. Second, from ZeroHedge. The Biggest Winners And Losers From The Petrodollar's Decline. The 10-year Treasury yield has jumped from 3.97% to about 5.26%, a rise of 129 basis points. This increase signals trouble f

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