Luma Market Update – 5/23/2022

Luma Market Update – 5/23/2022 (6 min)     TRANSCRIPT OPEN Investors feeling a lot of anxiety right now… and for good reason. Let us look at what happened and what may lie ahead. From Luma Financial, this is your Market Update. Hello, this is Albert Lu coming to you from Southern California. Today is Monday May 23. INTRODUCTION U.S. markets closed higher today. Heavy selling last week combined with…

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Update: MGM Growth Properties

On Wednesday, VICI Properties announced it was acquiring MGM Growth Properties (MGP:NYSE) for $17.2 billion, a 16 percent premium on MGP’s Tuesday close. Shareholders of MGM Growth Properties will receive $43 in newly issued Vici stock for each Class A share. MGM Growth Properties is a REIT that spun-off from MGM Resorts (it’s largest tenant). It’s portfolio includes Mandalay Bay, the Luxor and the MGM Grand, all on the Las…

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Update: Steve Todoruk

I had the opportunity to catch up with Steve Todoruk, whom you all know. Steve gave me a very valuable update on my mining portfolio. I encourage you to watch this and contact me, or Steve directly, with any questions. Please note that this is a private conversation intended only for the original recipient list. I request that you please do not share. Click to play video: Steve Todoruk  …

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