Macau GDP jumps by 31.6%
Posted on Friday, May 30th, 2008 | In Asia, China, Current Market News, Stocks to Watch
Contributed by: Tony Sagami (http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert) -
How booming is Macau? Macau’s
GDP skyrocketed by an amazing 31.6% in Q1, compared to the same period a year
earlier. Plus, it is much higher than the 22.1% growth in Q4 of 2007. That booming growth will certainly translate
into huge profits for the Macau casinos,
including The Sands and the new Macau Venetian casinos
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Tags for this Post:
Asia, China, Current Market News, Gdp, macau casinos, Profits, Q1, Stocks to Watch
Asia, China, Current Market News, Gdp, macau casinos, Profits, Q1, Stocks to Watch
![]() About Tony Sagami (http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert)
Tony Sagami, a veteran investment advisor and a leading expert on Asian markets, is the owner and founder of Harvest Advisors, an investment research and money management company. Mr. Sagami has been managing money for more than 20 years and is one of the early pioneers in the application of technical and quantitative analysis to mutual funds and stocks. He is a featured contributor to Weiss Research’s daily e-letter, Money and Markets and monthly Safe Money Report as well as the editor of Asia Stock Alert. Prior to establishing his own firm, Mr. Sagami was managing director at W.E. Donoghue & Co, serving additionally as the director of investment. During his successful career, he also held the position of account executive at Merrill Lynch. Mr. Sagami’s views on Asian markets, specifically Chinese investments, have been featured in publications such as The Wall Street Journal, Barron’s, Kiplinger’s, Smart Money, Business Week, New York Times, Washington Post, Investors Business Daily, Bloomberg, Financial Planning Times, Mutual FundsMagazine, Chicago Tribune, and the LA Times, as well as on CNBC and CNBC Asia. Mr. Sagami holds a degree in economics from the University of Washington. |



