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Casino Stocks Tumble as Hong Kong Nears Bear MarketGambling stocks have slumped in recent weeks, thanks to worries about Chinese growth and spending by high-rolling VIP customers Stocks are at ATH, Crypto at 1 year low. Look for the reverse coming by end of year Oh no my casino stocks ???? Could it be, the casino owners just got a huge tax break or the average tax payer didn’t get the break they thought? My bet is on the house.
Source: WSJ - 🏆 98. / 63 Read more »
Hong Kong stocks fall deeper into bear territory amid trade war uncertaintyHong Kong's Hang Seng index continued its decline into bear territory on Tuesday, as some analysts warned that the trend could persist. So, since there MIGHT be a trade war and there MIGHT not be a trade war, and even if there is a trade war, it might not have much effect. Well shit, that sounds pretty scary so I guess we have to just sell everything every day.
Source: CNBC - 🏆 12. / 72 Read more »