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Is Now the Time to Place Your Bets on MGM Resorts?Photo, wide shot, wide-angle lens,  Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/bda07ced-e79e-4489-b731-ada601660c8e.png
Is Now the Time to Place Your Bets on MGM Resorts?

Key Points

  • Casino operator MGM Resorts posted a record for consolidated revenues in Q2 2023.
  • Las Vegas continues to show strong demand trends with year-over-year casino drops and hotel
Bank Stocks Keep Crashing – What is Happening?Photo, wide shot, wide-angle lens,  Private equity firm, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/11edc0a6-edfc-46d1-baee-abd4f510abd1.png
Bank Stocks Keep Crashing – What is Happening?

The United States banking system has experienced a series of setbacks, resulting in declines in bank stocks. These setbacks can be attributed to a combination of factors, including bank failures

Searches For ‘Delete Snapchat’ Explode 1,019%Photo, wide shot, wide-angle lens, soft focus,  IT consulting firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-uhXP0RHYYxDepjmHeSp1K8bF.png?st=2023-05-07T15%3A26%3A44Z&se=2023-05-07T17%3A26%3A44Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-07T16%3A18%3A55Z&ske=2023-05-08T16%3A18%3A55Z&sks=b&skv=2021-08-06&sig=4pcJOd8aEI1799liUV13F4ElqO7e4RZy8sa1PEeeNZA%3D
Searches For ‘Delete Snapchat’ Explode 1,019%

Searches for ‘delete Snapchat’ explode 1,019% as controversial ‘My AI’ feature terrifies users after posting stories and ignoring messages  

Online Searches For Delete Snapchat Skyrocket

Admiral: Prices Hiked 20% In UK Motor Insurance As The Battle With Cost Inflation Lingers OnPhoto, wide shot, wide-angle lens,  Bank, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/094456a7-d529-4ef2-b536-c031f2afd618.png
Admiral: Prices Hiked 20% In UK Motor Insurance As The Battle With Cost Inflation Lingers On
  • Profit before tax up 4% to £233.9m
  • Group turnover up 21% to £2.24bn
  • Customers up 4% to 9.41m
  • Interim dividend down 15% to 51.0p, 38.0p normal + 13.0p special

Admiral’s Price Hikes

Professional Investors Focus On Life Settlements As Alternative Assets Sector GrowsPhoto, wide shot, wide-angle lens, soft focus,  Underwriting company, sunset photo at golden hour, photo by Peter Lik: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-N0Y6W7kvQQgUHnb7hSHO9TTV.png?st=2024-05-14T11%3A36%3A30Z&se=2024-05-14T13%3A36%3A30Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2024-05-13T19%3A10%3A46Z&ske=2024-05-14T19%3A10%3A46Z&sks=b&skv=2021-08-06&sig=1qvKLOloU0OWrpqzcuH7YcgBv7QI0hAOq2gAtJGiGqs%3D
Professional Investors Focus On Life Settlements As Alternative Assets Sector Grows
  • Nearly two out of five expect dramatic growth as pension funds and wealth managers start to invest in the sector, new research shows
  • Strong annual returns are driving growing interest in
Is Inflation To Fall Faster Than Expected?
Is Inflation To Fall Faster Than Expected?

Inflation in most major economies is likely to fall faster than many expect, and interest rates will drop accordingly within the next 12 months, predicts the CEO of one of the world’s largest

S&P 500, Yields Top and ChinaPhoto, wide shot, wide-angle lens, soft focus,  IT consulting firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-uhXP0RHYYxDepjmHeSp1K8bF.png?st=2023-05-07T15%3A26%3A44Z&se=2023-05-07T17%3A26%3A44Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-07T16%3A18%3A55Z&ske=2023-05-08T16%3A18%3A55Z&sks=b&skv=2021-08-06&sig=4pcJOd8aEI1799liUV13F4ElqO7e4RZy8sa1PEeeNZA%3D
S&P 500, Yields Top and China

Similarly to Thu CPI, S&P 500 couldn‘t maintain a modest retracement following the disappointing manufacturing data, but still strong retail sales. Tech failed to react to the reversal in yields

The States Most Interested In AI App UsagePhoto, wide shot, wide-angle lens,  Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png
The States Most Interested In AI App Usage
  • GoTo took a deep dive into AI, creating an intensive report on the use of AI in the US, and the states which are most interested in app usage.
  • California is the frontrunner in AI interest, with
Total Construction Starts Show Double Digit Gains In JulyPhoto, wide shot, wide-angle lens,  Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png
Total Construction Starts Show Double Digit Gains In July

Large utility project, residential starts power growth to begin Q3

HAMILTON, NJ – August 16, 2023 – Total construction starts rose 17% in July to a seasonally adjusted annual rate of $1.2

Don’t Tweet “Thoughts & Prayers” …And More Crisis Communication Truths To Remember When Disaster StrikesPhoto, wide shot, wide-angle lens, soft focus,  Auto parts supplier, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-XjwbnkgTrFCFx6Y3gLbqZBCj.png?st=2023-05-13T09%3A21%3A52Z&se=2023-05-13T11%3A21%3A52Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-13T06%3A55%3A39Z&ske=2023-05-14T06%3A55%3A39Z&sks=b&skv=2021-08-06&sig=wJlbn/o%2BieTjclaQNRsJc%2BDDZieC0UCS6BPi5tapxAA%3D
Don’t Tweet “Thoughts & Prayers” …And More Crisis Communication Truths To Remember When Disaster Strikes

Every company is at risk for a public relations disaster. Robert L. Dilenschneider – who helped Johnson & Johnson manage the Extra-Strength Tylenol crisis – lays out six dos & don’ts to help you

The Fed is Likely Done Hiking – What’s Next?Photo, wide shot, wide-angle lens,  Grocery store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/9a6c3fc6-53ff-4c6e-848b-263660ac3eb0.png
The Fed is Likely Done Hiking – What’s Next?

Economic readings continue to point to a “soft landing” through the next few months, characterized by low and falling inflation and a resilient labor market. Consequently, the Fed raised interest

DraftKings Proves a Strong Offense is the Best DefensePhoto, wide shot, wide-angle lens,  Conglomerate, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.theapi.app/temp/95f18fed-a4d6-4069-b489-4d050c74c618.png
DraftKings Proves a Strong Offense is the Best Defense

Key Points

  • Digital sportsbook and iGaming platform Draft Kings beat Q2 2023 forecasts and raised estimates.
  • Its Q2 2023 earnings went non-GAAP positive at 14 cents per share, beating
MercadoLibre’s Earnings Soar: Robust Growth Story in the MakingPhoto, wide shot, wide-angle lens,  Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png
MercadoLibre’s Earnings Soar: Robust Growth Story in the Making

Key Points

  • Uruguay-based MercadoLibre boasts a bullish chart and stellar earnings estimates.  Analysts expect earnings to more than double this year. 
  • MercadoLibre’s Q2 fintech revenue
As Exxon Mobil Consolidates, Is A New Rally Bubbling Up?
As Exxon Mobil Consolidates, Is A New Rally Bubbling Up?

Key Points

  • Exxon Mobil has been struggling below resistance near $119 for the past six months, but the stock rallied in recent weeks.
  • An area of price consolidation often sets up a stock for
Retiring in California: A Comprehensive Guide to Achieving Your Dream RetirementPhoto, wide shot, wide-angle lens,  Mobile phone network, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/828b91fb-678a-4621-906b-21e972059e7d.png
Retiring in California: A Comprehensive Guide to Achieving Your Dream Retirement

California appeals to older adults as the perfect place to reconcile as they near their golden years. However, this thought may unsettle you a bit, given that the state is costly to live in!

Kno

Japan Is The New ChinaPhoto, wide shot, wide-angle lens, soft focus,  Car rental company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-C39HK7mRtkD4E8dIGhNKdJKJ.png?st=2023-05-14T13%3A30%3A04Z&se=2023-05-14T15%3A30%3A04Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-13T20%3A57%3A44Z&ske=2023-05-14T20%3A57%3A44Z&sks=b&skv=2021-08-06&sig=c7kEiWtHt1KibrlL7jP9uEmEuV%2BuAnv1nRBACXoedSk%3D
Japan Is The New China

In his podcast addressing the markets today, Louis Navellier offered the following commentary.

If you wish to listen to this commentary, please click here.

Due to strong consumer spending

These 20 Markets Have The Fastest-Rising Rents In The Country. Do You Live In One Of Them?
These 20 Markets Have The Fastest-Rising Rents In The Country. Do You Live In One Of Them?

Nationwide, rents remained fairly flat in July. But in some markets, prices soared several dozen percentage points higher than they were a year ago. Jonas Bordo of Dwellsy shares 20 cities across

Five Ways Companies Can Leverage Artificial Intelligence To Boost Company Diversity And InclusionPhoto, wide shot, wide-angle lens, soft focus,  Movie theater, sunset photo at golden hour, photo by Marc Adamus: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-gXhfb5xMEy8zG0qLmxYAOaHt.png?st=2023-05-14T13%3A29%3A06Z&se=2023-05-14T15%3A29%3A06Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-14T01%3A25%3A03Z&ske=2023-05-15T01%3A25%3A03Z&sks=b&skv=2021-08-06&sig=cyWAC06qXhBJ4kv4K4eQVNNwtdGGK962uEjAh4%2B61ZY%3D
Five Ways Companies Can Leverage Artificial Intelligence To Boost Company Diversity And Inclusion

Recent advancements in the field of Artificial Intelligence (AI) have allowed organizations to increase workplace productivity, further streamline employee activities and replace mundane tasks with

Interest Rates Seem Bipolar As They Dip OvernightPhoto, wide shot, wide-angle lens, soft focus,  IT consulting firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-uhXP0RHYYxDepjmHeSp1K8bF.png?st=2023-05-07T15%3A26%3A44Z&se=2023-05-07T17%3A26%3A44Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-07T16%3A18%3A55Z&ske=2023-05-08T16%3A18%3A55Z&sks=b&skv=2021-08-06&sig=4pcJOd8aEI1799liUV13F4ElqO7e4RZy8sa1PEeeNZA%3D
Interest Rates Seem Bipolar As They Dip Overnight

In his Daily Market Notes report to investors, Louis Navellier wrote:

Gimme Shelter

Stocks opened lower as they did yesterday, and tech is once again trying to pull up the market, as investors

Legal & General: Pensions Business Stands Out As New Accounting Rules Kick InPhoto, wide shot, wide-angle lens,  Hedge fund, neutral atmosphere, photo by Charlie Waite: https://img.theapi.app/temp/95282efd-f725-49c0-be40-aa74627f7ccc.png
Legal & General: Pensions Business Stands Out As New Accounting Rules Kick In
  • Operating profit of £941m, down 2%
  • Dividend of 5.71p, up 5%
  • Stock of deferred profits up to £13.8bn

Legal & General’s Earnings

“Don’t be alarmed if numbers look a little different to

A Fifth Of Young Investors Get Ideas From InstagramPhoto, wide shot, wide-angle lens,  Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png
A Fifth Of Young Investors Get Ideas From Instagram
  • 21% of investors aged 18-34 get stock tips and market forecasts from Instagram
  • Financial websites are the number one source of investment ideas across all age groups
  • After that people turn
S&P 500 Bearish TurnPhoto, wide shot, wide-angle lens, soft focus,  IT consulting firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-uhXP0RHYYxDepjmHeSp1K8bF.png?st=2023-05-07T15%3A26%3A44Z&se=2023-05-07T17%3A26%3A44Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-07T16%3A18%3A55Z&ske=2023-05-08T16%3A18%3A55Z&sks=b&skv=2021-08-06&sig=4pcJOd8aEI1799liUV13F4ElqO7e4RZy8sa1PEeeNZA%3D
S&P 500 Bearish Turn

S&P 500 made that tech driven upswing I cautioned you yesterday about, only to keep declining overnight in preparation for retail sales and Emire State manufacturing data. I don‘t see them as

US Mid-Market M&A Deal Volumes Will Materially Increase By The End Of 2023Photo, wide shot, wide-angle lens,  Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png
US Mid-Market M&A Deal Volumes Will Materially Increase By The End Of 2023

Over 80% of respondents anticipate deal volumes will increase in the next 12 months.

CIL, the international management consultancy, has published its US Mid-Market M&A Pulse Check 2023 which is

Trump’s Most Dangerous Indictment Triggered by Activist ProfessorPhoto, wide shot, wide-angle lens,  Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png
Trump’s Most Dangerous Indictment Triggered by Activist Professor

Trump’s Most Dangerous Indictment Triggered by Activist Professor; No President Can Pardon, and GA’s RICO Can Engulf Vast Enterprise

Trump’s Most Dangerous Indictment

WASHINGTON, D.C. (August

Homeowners Can Now Apply for $675 Montana Property Tax Rebate
Homeowners Can Now Apply for $675 Montana Property Tax Rebate

Eligible Montana homeowners will be able to apply for the property tax rebate starting today. The last date to apply for the Montana property tax rebate is October 1. Eligible homeowners can claim