MGM Mirage

Market Recap: High as a Kite

The Reformed Broker, AKA Georgie Jung, here with today’s Market Recap… Fundamentals be damned, US markets took the ball from the up overseas bourses and ran with it.  The rally started at the open and anything China-related was once again, high as a kite.  Copper, shippers, steels, coals…if it gets shipped to The Big C,…

Market Recap: Monster Day for US Market, Vegas Stocks Lead the Way

[vodpod id=Groupvideo.2311899&w=425&h=350&fv=m%3D27467187%26type%3Dvideo%26a%3D0] Let me get this straight, Obama hosted an unscripted Q&A and the market still went up triple digits?  That’s Gangsta.  This will take some getting used to as our prior President wasn’t that good at the whole off-the-cuff thing. The mark-to-market standards easing, while already telegraphed in advance, was like an anabolic steroid…

MGM Mirage: Degenerate Gambler

From Bloomberg: MGM Mirage and Dubai World failed to reach agreement with Deutsche Bank AG and talks on a $1.2 billion loan to complete the Las Vegas CityCenter project collapsed, according to five people with knowledge of the matter. Come right in, MGM, take a seat…can I get you a cup of coffee?  Sorry, yes,…