Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of casino operator Wynn Resorts
So what: A poll by Bloomberg said that investors, analysts, and traders expect China's growth to slow to less than 5% by 2016. Since Wynn counts on China for most of its profit and growth, it could be a big blow to them and other companies with casinos in Macau.
Now what: Gaming growth has been astronomical in Macau partly because of a fast growing Chinese economy. So if economic growth slows, that's bad for Macau. But if we put this into a little bit of context, gaming revenue grew 57% last month, so a slowdown isn't the end of the world. The pressure may continue on stocks like Las Vegas Sands
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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