Manhattan Institute Issues Commentary to Bloomberg Opinion: Does the US Now Have a Casino Economy? Yes and No
November 18, 2025
November 18, 2025
NEW YORK, Nov. 18 -- The Manhattan Institute issued the following excerpts of a commentary on Nov. 17, 2025, to Bloomberg Opinion:
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Does the US Now Have a Casino Economy? Yes and No
By Allison Schrager
There is a frenetic, sweaty-palm feel to the US economy lately. Markets are looking frothy and consumers are anxious, and meanwhile the gambling and stock markets are converging as people bet on all sorts of strange assets and events. Half o . . .
* * *
Does the US Now Have a Casino Economy? Yes and No
By Allison Schrager
There is a frenetic, sweaty-palm feel to the US economy lately. Markets are looking frothy and consumers are anxious, and meanwhile the gambling and stock markets are converging as people bet on all sorts of strange assets and events. Half o . . .