2024.07.08
raging bull casino sign up(Image: Joe Cavaretta/AP)The gaming equity’s penchant for sturdiness as 10-year yields rise is worth remembering, because Bank of America strategists are forecasting a jump to two percent for those bond yields by the end of 2022. monthly changes in the nominal 10-year yields, including only those stocks with beta (slope) that is statistically significant at the 5 percent level, and who have at least 10 years of monthly returns,” according to the bank.LVS stock, which is rated “neutral” by Bank of America, has a nominal interest rate beta of 14.2, good for the fifth spot on the list. (Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. is there any trick to slot machinesBut his surname will likely forever be synonymous with Las Vegas. Las Vegas Sands (NYSE:LVS) stock fits the bill. It’s the only gaming equity in the group.Waiting on LVS Stock to BenefitAmid the recent spike in 10-year yields, LVS isn’t proving too responsive, gaining just 1.65 percent over the past three months.That’s likely a symptom of a sluggish recovery in Macau – the company’s largest market. golden nugget casino colorado wynn las vegas casino creditthe garden gold coast casino(Image: Joe Cavaretta/AP)The gaming equity’s penchant for sturdiness as 10-year yields rise is worth remembering, because Bank of America strategists are forecasting a jump to two percent for those bond yields by the end of 2022. Ten-year yields reside at 1.548 percent at this writing.The Bank of America team ran a screen of S&P 500 members that were helped the most by increasing nominal 10-year yields from 1972 through September 2021, with Las Vegas Sands appearing on the list.Screens are based on a regression of stocks’ monthly excess returns vis chukchansi casino pet friendlys. That’s prompting investors to consider assets that perform well against the backdrop of rising rates. captain jack casino no deposit bonus codes may 2021(Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. That makes it vulnerable to recent speculation that authorities there are looking to implement tighter controls over the casino industry.Shares of US-based Macau operators, including Sands, have also been hampered by speculation that those companies could be ensnared in the geopolitical tensions between the US and China. The Wynn Reis chukchansi casino pet friendlysorts founder and former chairman and CEO has been trying to sell the mansion for more than a year. resorts casino slot machines morongo casino 18 and over clubdoubleu casino slot freebiesThe now 79-year-old has largely led a private life since, but the billionaire is seeking to unload some of his real estate assets.Wynn hasn’t been nearly as succeIt’s the only gaming equity in the group.Waiting on LVS Stock to BenefitAmid the recent spike in 10-year yields, LVS isn’t proving too responsive, gaining just 1.65 percent over the past three months.That’s likely a symptom of a sluggish recovery in Macau – the company’s largest market. Ten-year yields reside at 1.548 percent at this writing.The Bank of America team ran a screen of S&P 500 members that were helped the most by increasing nominal 10-year yields from 1972 through September 2021, with Las Vegas Sands appearing on the list.Screens are based on a regression of stocks’ monthly excess returns vis chukchansi casino pet friendlys. While off the high of 1.67 percent touched last week, ten-year Treasury yields are up 22.68 percent over the past three months. Ten-year yields reside at 1.548 percent at this writing.The Bank of America team ran a screen of S&P 500 members that were helped the most by increasing nominal 10-year yields from 1972 through September 2021, with Las Vegas Sands appearing on the list.Screens are based on a regression of stocks’ monthly excess returns vis chukchansi casino pet friendlys. That prompted some analysts to say management should unleash a big buyback program to restore shareholder confidence and show investors the stock is undervalued.Inflation Might Not Be a ProblemThe combination of hot inflation and rising interest rates is often toxic for equities. black bear casino employment online slots real money free spins |