Nadilapars Posted April 10, 2018 Share Posted April 10, 2018 Vegas starts to come to terms with shooting but the markets remain unaffected despite 50 lost lives Over 50 innocent lives were lost in Vegas in another act of random violence, shocking everyone except the markets. The market reaction to the deadliest shooting in modern US history? Predictably, gun stocks have soared while the value of MGM shares (the company that own the hotel chain) have plummeted. But for Wall Street and the other markets it’s almost like it never happened. But imagine yourself, if you can, in America’s playground today. What would you be doing? How many people are out and about enjoying what makes Vegas what it is? Would you still want to party in Vegas? How many have decided to end their visit early and go home? Have others have decided to cancel their trip to Sin City? How much money that would have been spent in Vegas today and in the coming weeks is going to stay at home. Probably billions, but that disturbance to the economy is being treated like a scraped knee. For More Detail : Did the markets miss what happened in Vegas? Link to comment Share on other sites More sharing options...
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