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Investors, prepare for slower growth

From an investor’s standpoint, this has surely been a summer of discontent.  All markets appear to be too high, there is no yield to be found, and there appears to be no place to hide, at least inside current investment standards as set forth by Wall Street.  While the conventional wisdom looks at cash as “trash” because it generates no return, in today’s world where there is more deflation than …Read More

Market Beat: An update on gaming

The Nevada Gaming Control Board recently released revenue numbers for the month of February. Gaming revenue in the state dropped by 13.7 percent in February compared to 2013. Statewide, casinos took in $926 million. Revenue from the Las Vegas strip was $555.7 million, which was a 20.2 percent drop from February 2013. The take for Washoe County casinos dropped slightly, by 1.41 percent to $58.7 million. Casinos at North Lake …Read More

If You Build It, They Won’t Come: Opinion

It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.– Charles Darwin I am often asked: “When do you think the economy will return to normal?” My response: If by “normal” you mean what we had from the 1980s to 2008 — the “if you build it, they will come” economy — the answer is, not anytime in the …Read More