Finance experts warn Trump's favorite economic metric may turn south (opens in new tab)
President Donald Trump likes to brag about the stock market, but finance experts are warning that the current positive trends are likely illusory.Quoting investor Michael Burry, who famously covered the subprime mortgage crisis in the book and movie “The Big Short,” Fortune senior editor-at-large Shawn Tully wrote on Wednesday that “the stock market has ‘jumped the shark,’ and posited that ‘a complete reversal’ in the soaring, tech-laden NASDAQ 100 is at hand. Burry noted the resemblance betw...
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