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Big Show ได้ย้ายไปยังส่วนศิษย์เก่า WWE
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ประวัติของตำนาน WWE Big ถูกย้ายไปที่ส่วน Alumni ของเว็บไซต์ WWE Superstar เจ็ดชั้นยังอ้างอิง WWE จากโปรไฟล์โซเชียลมีเดียของเขา สถานที่จัดงานยังมีส่วนศิษย์เก่าสามส่วนสำหรับดาราเก่า ได้แก่ WWE Alumni, WCW Alumni และ ECW Alumni - และ Hall of Fame Big Show รวมอยู่ในรายชื่ออดีต WWE Superstars ตามภาพด้านบนตอนนี้ Big Show ตอนนี้เป็นส่วนหนึ่งของ WWE Alumni ร่วมกับอดีต Superstars รวมถึง Big Cass และ Billy Gunn ชีวประวัติ Big Show ของ WWE ระบุว่าเขา "เป็น" คู่แข่งที่น่ากลัวซึ่งหมายความว่าเขาไม่ได้เป็นนักแสดงอีกต่อไป ตอนนี้ไม่ทราบว่าเขาจะทำอะไรหลังจากออกจากโพสต์ ในเดือนกันยายนปี 2020 ชายวัย 49 ปีบอกกับ WWE India ว่าเขาต้องการมีส่วนร่วมในธุรกิจการแข่งขันหากเขาลาออก เขาบอกว่าเขาต้องการช่วยซูเปอร์สตาร์ที่กำลังจะมาถึงหรือทำงานในกิจการอื่น ๆ ด้วยความรวดเร็วเบื้องหลังสถานการณ์ การเปลี่ยนแปลงแพลตฟอร์มโซเชียลมีเดียของ Big Show ตอนนี้รู้จักกันในชื่อจริงของเขา Paul Wight บนโซเชียลมีเดีย WWE ระบุรายการ Big Show เป็น @PaulWight ในทวีตด้านบนเมื่อวันที่ 14 กุมภาพันธ์ 2564 แต่ยังไม่ทราบเมื่อเขาอัปเดตชื่อผู้ใช้ อดีตแชมป์ WWE ยังเปลี่ยนชื่อผู้ใช้ Instagram ของเขาจาก @WWETheBigShow เป็น @ PaulWight ด้วยผู้ติดตามบน Twitter 2.5 ล้านคนและผู้ติดตาม Instagram 1.4 ล้านคน Big Show จึงเป็นหนึ่งใน Superstars ที่มีผู้ติดตามมากที่สุดใน WWE การกล่าวถึง WWE ทั้งหมดถูกลบออกจากประวัติโซเชียลมีเดียพร้อมกับชื่อผู้ใช้ของเขา เผยแพร่เมื่อ 24 กุมภาพันธ์ 2021, 18:27 IST.
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9 Poker Skills to Practise While You Homeschool Your Kids
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Life is filled with lessons. Every day’s a school day, as they say. And never has that felt more true than right now, with many of us juggling full-time jobs with new, unanticipated careers as teachers. Homeschooling your kids during lockdown doesn’t leave a lot of room for pursuing your own interests, but poker players need to keep their heads in the game. So here are a few perfectly serious principles to chew over while bluffing your way as a makeshift teacher. (If none of this sounds familiar to you, congratulations – you’re one of the lucky ones; now’s probably a good time to join an online casino like Golden Nugget.) Get maximum value whenever you can You’re dealt more bad hands than good ones, so you’ve got to get the most out of your winners. Like, if he’s really getting into that World War II history project, it might actually keep him occupied until lunch. Don’t tell him what time the lesson was supposed to finish; just give him plenty of space, lots of paper and pens, and ignore those disturbing things he keeps saying about invading and annexing his sister’s bedroom. Work on your live tells  Did she really do her flute practice? Give her the staredown ’til she calls the clock. If you lose a confrontation, make it cheap He wants a snack, but you need him to finish his book report on Dr. Seuss. You’re trying to show strength and unwavering resolve, but he’s showing a stubbornness you’ve not seen since The Zax (“Never budge! That’s my rule. Never budge in the least! Not an inch to the west! Nor an inch to the east!”). You know you’re going to lose this pot, so you’d better make it a cheap one. Give him a piece of fruit and save your big stack* for when you really need it. * I recommend Oreos via GIPHY Don’t get counterfeited If you’re not paying attention, you could hit the card you’ve been waiting for without realising it completes a better hand for someone else. You thought it was just what you needed to win, but it actually seals your fate. Like that hour of YouTube you let him watch this morning, which harmlessly bought you a precious hour of work… or so you thought. But one five minute video and now he knows how to undo every parental control in the house. Use your downtime wisely In any poker tournament it’s essential to make the most of your breaks. Clear your head: it doesn’t matter how many terrible, unlucky beats you’ve taken or stupid decisions you’ve made. When you get back to that table you need to be strong, focused and refreshed. Otherwise she’ll never finish that science project. Fire all three barrels It’s easy to lose confidence in a bluff when your bets get called, but backing down and checking the river instead of firing that third barrel is a weakness that a wily opponent will exploit. And my daughter is certainly wily. She knows subtraction, I know she knows, and she knows that I know she knows. But she also knows that the more time I spend going over it, the less work she has to actually do, so she plays dumb a few times. But she’s bluffing, and eventually she’ll get the answer right as I knew she would. Either that or be terrible at maths for the rest of her life. But hey, you can’t push them off the pot if they actually have it, right? 30 divided by 7 = 4 (plus rake) Master the skills you need to ladder up Sometimes you need to just hang on in there and survive. When you’re not getting the cards or the opportunities, the longer you can hold on the better prize you’ll get in the end. So, even though you haven’t hit a winner all day, if you can handle the kids alone all morning, maybe your partner will step in at lunchtime and you’ll get the whole afternoon off? Make your moves at the right time Playing a short stack in a tournament is just like holding on to the mid-morning snacks; the blinds keep going up, and so do their hunger levels. Wait too long to make your move and you risk getting knocked out (literally). Don’t hit the bottle as soon as things start going south Try to wait at least until lunchtime. — So, the next time you’re bluffing your kids that you know how to do long division, consider some of the other poker skills you could be working on at the same time. The post 9 Poker Skills to Practise While You Homeschool Your Kids appeared first on Cardplayer Lifestyle Poker.
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Comment on Compulsive gambler just can’t win by TheLawToday
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A federal judge in New Jersey has issued the most complete and comprehensive judgment ever about whether a compulsive gambler can sue a casino.The short version of her 10-page-long legal analysis: “No.”Arelia Margarita Taveras, a disbarred lawyer, sued most of the casinos in Atlantic City, as well as many of their owners and employees.She alleged that “the Defendants facilitated Plaintiff’s gambling addiction and induced her to gamble away money belonging to her and others . . .” She pleaded 12 separate causes of action, including negligence, negligent and intentional infliction of emotional distress, breach of contract, unjust enrichment, and violations of the federal racketeering statutes and the Bank Secrecy Act.Some of Taveras’s claims were a stretch. For example, she alleged that the casinos owe her money because they failed to report her cash transactions of more than $10,000. The problem is that even if a casino does fail to file its required reports, that does not give a player the right to sue.But raising every possible claim required U.S. District Judge Renee Marie Bumb to examine every possible legal theory a compulsive gambler could have.Judge Bumb is a federal judge, so she is free to interpret federal statutes, like the Bank Secrecy Act, bound only by the decisions of higher federal courts. But many of Taveras’s causes of action were based on New Jersey state law. Judge Bumb’s role was to decide how the New Jersey Supreme Court would answer legal questions, which it often had never considered.Judge Bumb started with the rule that for there to be negligence, “the Court must find as a matter of law that Defendants owed Plaintiff a duty.” Taveras argued that casinos have a duty to keep their premises safe, and “that her continued gambling was an unreasonable danger foreseeable to Defendants.”Judge Bumb focused on New Jersey’s “extraordinary, pervasive and intensive regulations over virtually every facet of casino gambling.” Her conclusion: If the state had wanted to impose a duty on casinos to rescue compulsive gamblers from themselves, it would have said so.Judge Bumb similarly rejected Taveras’s request to create a duty somewhat like that imposed on bars to not serve drinks to obviously drunk patrons. “Plaintiff’s theory would, in effect, have no limit . . . [it] would impose a duty on shopping malls and credit-card companies to identify and exclude compulsive shoppers.”One of the more interesting parts of the Opinion was Taveras’s claim that gambling is an “abnormally dangerous activity.” Looking at cases such as dumping toxic waste, Judge Bumb concluded: “Needless to say, gambling can indeed be a safe activity, gambling is common, and state-regulated casinos are not inappropriate locations for gambling.”The Opinion contains other statements that can prove useful for the gaming industry both legally and politically. In rejecting Taveras’s claims for emotional distress, Judge Bumb held, “In allowing, even encouraging, Plaintiff to continue gambling, Defendants acted well within the bounds of the community norms reflected in state law.”In dismissing the counts based on fraud, for supposedly misleading Taveras “into thinking that gambling would result in high returns and rewards,” Judge Bumb ruled, “Plaintiff fails to identify with particularity (by quoting, for example) even a single falsehood or misleading statement . . .”There is no doubt that compulsive gambling can destroy lives. But the legal problem for compulsive gamblers is that the decision by a state to legalize gaming means the state has consciously weighed the pros and cons.So long as card clubs and casinos, and their executives, obey the rules, they should not be legally responsible for the harm compulsive gamblers do to themselves.© Copyright 2011. Professor I Nelson Rose is recognized as one of the world’s leading experts on gambling law and is a consultant and expert witness for players, governments and industry. His latest books, INTERNET GAMING LAW (1st & 2nd editions), BLACKJACK AND THE LAW and GAMING LAW: CASES AND MATERIALS, are available through his website, www.GAMBLINGANDTHELAW.com.
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Elliott hopes for Tiger green light
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Gordon Elliott admits it will be disappointing should Tiger Roll not run in the Randox Grand National after being allotted 11st 9lb - but underlined the final decision will rest with owner Michael O'Leary.The diminutive 11-year-old was denied the chance to win the race three times in a row - something not even Red Rum managed - by the Covid-19 pandemic, but Elliott is training him to peak on April 10. However, it has been well documented that O'Leary and his brother Eddie felt he needed plenty of help from handicapper Martin Greenwood for him to stand any chance of winning the race again, warning he would not run if he was rated "in the 160s or 170s".Tiger Roll won in 2018 from a mark of 150 and defied a 9lb rise 12 months later. This year he is off 166, despite pulling up on his last appearance at Cheltenham in November."He has got 166 and he won off 159 two years ago when the race was last run. He seems in good form at home and we are looking forward to the race," said Elliott. "You are always hoping you are going to be a couple of pounds less than what you have been given, but to be honest we will just smile and take it. "I have to concentrate on training the horse and I just hope his owner lets the horse run in the race for the public. Everyone will be looking forward to seeing the horse run again in the Grand National, but Michael will make that decision. "It will be disappointing for everyone if he doesn't turn up, but as you know he makes the decisions. He is 7lb higher than what he won off before, but it is probably fair enough."If you look at him he is not the biggest horse in the world, but he really seems to enjoy those fences."Regarding his run in November, Elliott said: "He made a mistake the last day at Cheltenham and he was lame after the race, but thankfully he is OK now."We injected his stifles behind and thankfully he is back sound and moving very well and we are very happy with him at the moment. We will just keep our heads up and hopefully he will be OK for the rest of the season."He is in the Boyne Hurdle at the weekend, but the ground is very soft, so we might not run him. If it isn't too bad he will run, as he has run in it the last two years."He is in good form and if the ground is right for him we would like to run him as it's a race he has won before."When contacted on Tuesday, Eddie O'Leary said: "We've said all we're going to say on the matter and will be offering no further comment."Elliott has 15 other entries, but that has already been slimmed down by the news Delta Work is out for the season and the likes of Aforementioned, Monbeg Notorious and Roaring Bull are highly unlikely to make the cut.Of his other hopefuls he added: "I would say I would hopefully run Presenting Percy (11st 9lb). He has had a little setback, but hopefully I will have him back for the National. Tiger Roll, The Storyteller (11st 8lb) and Alpha Des Obeaux (10st 9lb) will all hopefully go."I thought one down at the bottom with 10st 6lb could be very well handicapped, a horse called Milan Native. He has had a wind operation since his last run and he is one I am looking forward to for the Grand National this year."Three horses are weighted 1lb higher than Tiger Roll - Nigel Twiston-Davies' Bristol De Mai, Tiger Roll's Cheltenham conqueror Easysland and Gold Cup runner-up Santini.Magic Of Light, second to Tiger Roll two years ago, has 10st 13lb, Ladbrokes Trophy winner Cloth Cap has been given 10st 5lb while Welsh National winner Secret Reprieve needs a little bit of luck to secure a place as he is on 10st 1lb.
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Thousands of jobs available at tribal casinos
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With millions of Americans out of work, the first sign of a recovery has to be in new jobs coming on the market. The tribal gaming industry is doing its part, with several operators posting new jobs in the past few weeks.Seneca Gaming Corporation has lots of jobs available at the Seneca Niagara Resort & Casino in Niagara Falls and Seneca Buffalo Creek Casino in downtown Buffalo. The operator will be hosting a job fair for open positions on February 25 between 10:00am and 6:00pm.“Even with the changes and challenges everyone has gone through over the past year, Seneca Gaming Corporation has remained one of the largest employers in Western New York, and we are excited to be growing our team across a variety of departments,” said Meghan Smith, Seneca Gaming Corporation’s vice president of human resources. “We truly believe that the time we spend at work should be rewarding, fulfilling and fun. That’s how we approach our jobs every day. If people are looking an opportunity in that type of environment, we are ready to talk to them.”Attendees can check out what’s on offer in person or virtually, but should be ready for an interview at a moment’s notice.On the other side of the country, the San Manuel Band of Mission Indians are also on the look out for fresh talent. That operator has more than 500 jobs to fill, with as many as 2000 coming for the rest of the year. They’ll be having their virtual career fair on February 18 from 9:00am to 4:00pm.“The expansion of San Manuel will offer an economic boost to the local job market at a time when it is really needed,” said Brigitte Saria, Chief People and Infrastructure Officer. “Our efforts to boost the local economy are guided by our commitment to ensuring our employment process and work environment follow leading health and safety standards.”The Chukchansi Gold Resort and Casino in Coarsegold, California are also hiring. The tribe is looking for 50 full-time and part-time positions, and will have a job fair on February 23 from 10:00am to 1:00pm.Add those jobs to the 150 that Oneida Nation Enterprises were offering as of last week, and there’s a lot to be hopeful for about the future of the economy, and particularly that of tribal gaming.Connecticut tribes close to new dealGovernor Ned Lamont wants sports betting in his state, and he needs a new deal with the tribes to get it done. He used his budget address to emphasize the push:“My administration has been in active negotiations with our tribal partners to bring the state’s gaming economy into the digital age. And I am submitting legislation which reflects what I believe to be the best bet in ending this stalemate of inaction in a way which is in the best interest [of] the entire state.”Construction resumes at Four WindsThe Pokagon Band of Potawatomi Indians’ contractor recently resumed building a hotel at Four Winds South Bend Casino. Construction slowed down significantly due to Covid-19.The new 23-story hotel was originally due to be completed this year. But with construction crews only working on the foundation now after a 10-month delay, maybe 2022 seems more accurate.
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Pearl Legend Hold and Win Slot Review
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Pearl Legend: Hold and Win is a new release which is coming from iSoftBet, a slot machine with a Chinese concentration and utilizing a lot of the designs that are normal for their games. Some of the features included will be familiar to you, as the Hold and Win a part of the title suggests there are a few things which are unique also.You are playing on 5×3 reels with 20 paylines being used each round. Pearl Legend: Hold and Win can deliver top wins of 1,250x the stake but its standard mixes offer maximum of 500x. It has a 96% RTP, while for its huge features there will be Wilds, Pearl scatters, the Pearl Legend Respins, Reel Boosters and regular game modifiers.Betting and Prizes 20 coins are being used and you simply pick their value, in a range of $0.01 to $1. The wagering range coming from this will go from $0.20 to $20.Wins of up to 1,250x the stake can be paid during Respins, which implies that you could leave with $25,000 cash, by utilizing the most extreme wager of $20. Standard wins of up to 500x the stake per spin are delivered during gameplay, utilizing mixes made out of Gold Dragons.A 96% RTP reveals to us that the amount getting back into the pockets of its players is about the same in other slot games.Pearl Legend: Hold and Win Slot Features Anytime you see the Yin Yang image on the reels, it will be joined by the Wild logo, so it will be the substitute which you can use to place along with standard images and get new wins. You can’t have it do likewise for the scatter but that is a standard limitation.There are a few game modifiers which you may use during paid spins. Red Gems will give you 3 to 5 wilds on the reels. Blue Gems will change images into Pearl scatters. There is likewise a Dragon sculpture, which will change Royals to high value images.The Pearls are your scatters and landing at least 5 out of a single spin will take you to the Pearl Legend Respins reward. Both the setting off Pearls and any new ones that go along, will get sticky on the reels. You start with 3 respins but you reset the number on the off chance that you get extra Pearls before the rounds are totally consumed.Pearls may appear during Respins and they can bring certain Boosters, given that you get three that match.Blue Gems: will open up to three extra rows (Reels Boosted).Green Gems: give the Pearl prizes a boost (Values Boosted).Red Gems: gives you 1 extra respin (Spins+ Boosted).Purple Gems: the multiplier goes up as high as 10x (Multiplier Boosted).Theme and Design As far as Chinese themes go, the one from Pearl Legend looks standard. The six images we see are basic in such games, as we’re taking a look at Yin Yang signs for the wilds, a Pearl as scatter alongside premium images with the Dragon, Phoenix Bird, 3 Gold Coins, Frog. The other four base paying images are the ones showing Royals. With everything taken into account, it’s a standard look for such slots. The activity seems, by all accounts, to be put placed in a temple, where we see on the left side a living Dragon holding a pearl in its claws.ConclusionPearl Legend: Hold and Win is definitely not a terrible slot machine, especially as they changed a few things about its major feature, they didn’t just clone the same reward game that every other person is using lately.
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PokerStars Rolls Out New LSNG Leaderboard Promotion, Tetris + Spin & Go
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PokerStars has rolled out Tetris + Spin & Go, a temporary takeover of their ultra-popular lottery sit and go game with a new theme and a lucrative new promotion for players. F5poker first revealed that PokerStars was working on such a promotion back in September 2020. On Monday, it deployed globally on most licenses on the global dot-com pool as well the European shared liquidity network of Spain, France and Portugal. The Spin and Go lobby in the client has been redesigned with a Tetris aesthetic, as have the tables. The game itself remains unchanged—fast, winner-takes-all sit and gos with a random top prize. What is new is the promotion on top: Tetris-themed leader boards. While the mechanics are fairly complicated—it involves Line Clears, Levels and Game Scores—it boils down to daily player rankings where cash prizes are given out to the highest volume players. For players that fall outside the cash prizes, the operator has a $5000 daily prize draw for players that finished in the top 500. In total, the operator says that over $1.5 million will be paid out in the dot-com market and almost as much—€1 million—in the Southern European market from now until the end of March. This works out at over $33,000 daily in dot-com, and €23,000 in Southern Europe. It appears to replace the previous long-running Spin & Go 20 and 50 leader boards. This had given away just over $20,000 a week and had run throughout much of 2020.
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“Be honest for once” – Brenda Patea accuses Alexander Zverev of lying about his involvement in her pregnancy
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Alexander Zverev's ex-girlfriend Brenda Patea has slammed the German for using their unborn child to boost his own public image despite not being in contact with her during her pregnancy.Patea, a German model, announced in October 2020 that she was pregnant with Alexander Zverev's daughter. She was in a relationship with Zverev until July of last year, and is currently 36 weeks into the pregnancy.Patea had declared at first that she had no plans of sharing custody of their child with Zverev, before subsequent public statements made it seem like the two were on amicable terms.But in her recent interview with German tabloid 'Bild', Patea revealed that the pair have had no contact for two months. The 27-year-old claimed that they last spoke when another ex-girlfriend, Olga Sharypova, accused Zverev of domestic violence during their relationship."I've been reading many of Alex's (Zverev) interviews and I ask myself what he wants to achieve by saying these things," Patea said. "'Highlight of his life'? 'He's extremely happy'? 'Highest priority'? I can hardly believe that because we aren't in contact thus far and he hasn't reached out."(Patea's interview with Bild was in German, and the quotes were translated into English by Twitter users fluent in both languages).Someone asked me to translate this so I’ll share it here too. Brenda is asked in her latest stories about Zverev. I translated her answers. In the background she shows excerpts of his latest interview. My summary: Zverev is full of lies and he’s shown it time and time again. pic.twitter.com/Xq2H1pYuXW— Nawal (@NawalNadal) February 15, 2021Brenda Patea was further asked if she shares the details of the pregnancy and of their unborn daughter with Alexander Zverev. But the model said there had been no contact of any kind and no initiative from Zverev's side. Patea added that she was tired of people assuming otherwise based on the tennis star's interviews. "I just wanted peace and quiet. But so many people are telling me, 'It's great that you're in contact (with Zverev) and that he's interested'. I've had enough of his 'perfect' interviews. Be honest for once," Patea added."If Alexander Zverev is saying these things in interviews then I can finally say something about it too" - Brenda Patea Brenda Patea cheers on Alexander Zverev during the couple's happier timesJust hours after Brenda Patea announced her pregnancy in October, another of Alexander Zverev's ex-girlfriends - Olga Sharypova - accused the US Open finalist of being physically and emotionally abusive towards her during their time together.Sharypova dated Zverev for a year before the NextGen star got together with Brenda Patea. The Russian claimed that Zverev had been physically abusive several times, and specifically mentioned an episode during the 2019 Laver Cup. The incident, in her words, drove Sharypova towards an attempt at ending her life, before she was rescued by hotel staff.Also read: Djokovic's sympathetic support of Zverev, and the silence of Federer & Nadal, highlight tennis' insensitivity towards abuse At the time, there was speculation that Brenda Patea's refusal to share custody of their future child with Alexander Zverev was an indication that he had been unpleasant towards Patea too. But the German model quickly denied any such rumors.Following the denial, there was a tacit understanding in the media that Alexander Zverev and Brenda Patea were planning to raise their daughter together. That, however, was a misconception, as revealed now by Patea."We had contact two months ago when the thing with his ex (Sharypova) came out but that was it," Patea said. "It's stupid to do this in the media. But if he's saying these things in interviews then I can finally say something about it too."If the tone of Patea's answers is anything to go by, it seems like Alexander Zverev has been using his "happiness" on becoming a father as a way to repair his public image after Olga Sharypova's accusations. It remains to be seen how the 23-year-old reacts to this new development, especially since he is still alive in the ongoing Australian Open. Published 16 Feb 2021, 12:22 IST .
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Did the next Macau bubble just start two weeks ago?
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The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.
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Daniil Medvedev Finds Another Way of Playing Professional Tennis
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At 23, Rublev is two years younger than Medvedev and grew up playing junior tournaments against him in Russia. For a long time Rublev, seeded No. 8, and Karen Khachanov, 24, the third member of Russia’s latest golden generation, were better than Medvedev. The rise for Medvedev came in 2018 and 2019, when he nearly beat Rafael Nadal in the 2019 United States Open final.“He reads the game really well,” Rublev said of Medvedev. “It’s amazing, the patience he has to stay so long in the rallies, to not rush, to take the time, because in the end these little details, they make him who he is.”Russia is the only country with two players in the top 10. Khachanov gives it three in the top 20. Aslan Karatsev, 27, another Russian ranked No. 114, came out of nowhere to make the quarterfinals here in his first Grand Slam tournament.Medvedev comes into the quarterfinal on perhaps the best roll of his career. He has won 18 consecutive singles matches. He won the ATP Tour finals in London in November, pulling off the nifty trick of beating the world’s top three players — Novak Djokovic, Nadal and Dominic Thiem — in a single tournament. For Russia at the ATP Cup, he beat Alexander Zverev of Germany, a 2020 U.S. Open finalist, in a tight, three-set match in the semifinal round.Medvedev spent his early childhood in Moscow and played few sports other than tennis growing up. He worshiped Russia’s last golden generation, which included Marat Safin and Yevgeny Kafelnikov, who were in their prime when he was a young child. He moved to France to train as a teenager and became fluent in English and French.Medvedev could be heard screaming at his coach, Gilles Cervara of France, in French during his third-round match against Filip Krajinovic of Serbia, as he frittered away a two-set lead before recovering to win the final set, 6-0.
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