Carl Icahn, the billionaire investor who offered the Trump Taj Mahal in Atlantic City final week to Hard Rock Overseas, normally an informal economic advisor to President Donald Trump.

The 45th commander-in-chief says his billionaire pal is ‘innately in a position to anticipate the long run’ since it relates to economies. If that’s true, investors might be smart to check out Icahn’s lead in betting against the Dow that is surging Jones NASDAQ composite indexes.

Icahn, whose holdings include Trump Entertainment Resorts, is worth around $17 billion. But Icahn companies is betting against the continued rally on Wall Street.

CNN Money reports that Icahn is shorting 1.3 shares for every one share he is buying. Shorting stocks may be the activity of committing to purchasing shares at a date that is later. Icahn wins if the company loses value between now and also the purchase date.

‘I am concerned at this point that the market has run ahead of itself,’ Icahn told the news outlet that is financial.

The markets have been on a run that is strong Trump won the presidency, but now his economic advisor is hedging their wagers on a correction. But not totally all of Trump’s casino bros are pessimistic in the economy.

Steve Wynn, who is the newly tapped fi Continue reading White House Economic Advisor Carl Icahn Bearish on Stock Market →

Kevin Durant is anticipated to miss time that is considerable hyperextending his left leg during last night of game against the Washington Wizards.

Maybe Not only did the team with the record that is best within the NBA lose the game, but Golden State also lost its best player in Durant.

The season-long favorite that is heavy Las vegas, nevada sportsbooks, the Warriors are actually anticipated to become less appealing to bettors taking futures in the NBA title. The likely receiver associated with bets would be the Cleveland Cavaliers, the defending champs who perhaps made the best moves before the trade deadline week that is last.

But oddsmakers likely will not be free slot games cleopatra adjusting their lines too dramatically after Durant’s MRI results came ultimately back fairly good. The team says their star forward suffered a bone tissue bruise on their left leg, and is expected to be out at minimum four weeks.

Before the injury, the Westgate SuperBook had Golden State at 5-11. This book manager Jeff Sherman slightly tweaked the line to 1-2 morning. Westgate is staying put with Cleveland at 5-2.

On the web, Bovada still has the Warriors as the favorite at -150, aided by the Cavs next at +300. Those searching to put cash in the Cavs will find their best odds at BetNow, A european internet sportsbook that Continue reading Does Kevin Durant’s Injury Strengthen Cavaliers’ Title Odds? →