Dear Bears, You're Blowing It Big Time

So Cisco announces horrible earnings guidance and plunges 15% and this is it?

The S&P 500 is down about 0.6%. The NASDAQ, of which Cisco is a huge component, is off just over 1%.


polar bear melting ice

Photo: Associated Press

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at