Every time memorial day comes around, the old market cliche gets passed around. Sell in may and go away. In other words, are you better off taking a vacation from the markets and enjoying what you can during a summer vacation, like in summers past, this year a number of reasons why markets could get a bit jittery. I think as we look at head winds or what could cause markets to falter perhaps in the months to come, not only is the fed raising rates, potentially, a source of volatility depending on if they manage expectations properly, of course, the brexit vote, the referendum on whether or not Great Britain chooses to stay with the European Union or leave the European Union a source of volatility and could become a head wind. A potential Interest Rate hike from the fed is probably one of the biggest unknowns in the market. No one really knoy for certain how it will be received overall, but many still remember the market volatility that happened in the weeks following the feds last Inte
Every time memorial day comes around, the old market cliche gets passed around. Sell in may and go away. In other words, are you better off taking a vacation from the markets and enjoying what you can during a summer vacation, like in summers past, this year a number of reasons why markets could get a bit jittery. I think as we look at head winds or what could cause markets to falter perhaps in the months to come, not only is the fed raising rates, potentially, a source of volatility depending on if they manage expectations properly, of course, the brexit vote, the referendum on whether or not Great Britain chooses to stay with the European Union or leave the European Union a source of volatility and could become a head wind. A potential Interest Rate hike from the fed is probably one of the biggest unknowns in the market. No one really knows for certain how it will be received overall, but many still remember the market volatility that happened in the weeks following the feds last Int
Every time memorial day comes around, the old market cliche gets passed around. Sell in may and go away. In other words, are you better off taking a vacation from the markets and enjoying what you can during a summer vacation, like in summers past, this year a number of reasons why markets could get a bit jittery. I think as we look at head winds or what could cause markets to falter perhaps in the months to come, not only is the fed raising rates, potentially, a source of volatility depending on if they manage expectations properly, of course, the brexit vote, the referendum on whether or not Great Britain chooses to stay with the European Union or leave the European Union a source of volatility and could become a head wind. A potential Interest Rate hike from the fed is probably one of the biggest unknowns in the market. No one really knows for certain how it will be received overall, but many still remember the market volatility that happened in the weeks following the feds last Int
Budget. The committee is also asking for revenue sharing as part of that proposal as well. Another addition to the deal is a potential exemption for new or expanded ticket taxes for the stadium operator. The final issue. The committee will consider a request from mayor Carolyn Goodman that the city of las vegas have a representative on the stadium authority. If the committee does vote in favor of the deal today. It would the governor. He would then decide if and when to call a special session, so lawmakers could vote on it. And even if the new stadium is approved in carson city. The raiders still need the approval of 3 fourths of the nfl team owners to move to las vegas. The nfl vote would likely happen when the owners meet in january. Cowboys owner jerry jones and patriots owner robert kraft have both expressed interest in las vegas as a possible nfl venue. Under the current draft. If lawmakers approve the come. A smaller stadium would still be built for unlv football. Backers of the
Theyll need address before a vote. The Committee Members are set to gather here in three hours to begin looking at three key points that are holding up the deal. The biggest is whether there will be a 39 percent limit on the publics contribution to the 65,000 seat stadium. Developers say they will not agree to that. Saying they need 750 million in public funding from the increased room tax. Right now that makes up about 39 percent of the projected 1. 9 billion cost. For revenue sharing as part of that proposal as well. Another addition to the deal is a potential exemption for new or expanded ticket taxes for the stadium operator. And finally. The committee will consider a request from mayor Carolyn Goodman that the city of las vegas have a representative on the stadium authority. If they vote in favor of the governor. He would then have to decide if and when to call a special session of the legislature to finalize the deal. Developers say they need a decision soon to make a proposal to