Bloomberg Market Wrap 9/16: Agricultural Commodities, MGM Resorts

The video discusses the impact of crude oil on commodities like corn and sugar, highlighting the rise in prices and its influence on the S&P 500 Energy Index. It then shifts focus to MGM Resorts International, examining their real estate strategy and potential property sales to Blackstone. The video concludes with an analysis of MGM's revenue sources, emphasizing the significance of Macau's gaming revenue compared to Vegas.

Discuss the relationship between oil prices and the S&P 500 Energy Index.

What are the implications of Blackstone's interest in acquiring MGM properties?