Macau gambling is the biggest impact on the world economy, hence oil

As I have mentioned in past posts, a clear relationship can be shown between Macau gambling stocks, such as WYNN, and oil (or the Chinese/World economy, ing eneral.) And, sure enough, as there is talk of an easing of pressure from Beijing on these companies, or a fissure in the strict crackdown, changes are in the wind. On Friday a Chinese official reportedly said that Beijing might intervene to prop up Macau’s economy.

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About Scott

Live next to Chevron refinery. Lots of petroleum consultants in the area. I am interested in learning more about the industry. Also, interested in finance, business, and investing in world markets.
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