alternet.org

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...

Read the original article
Sign in to keep reading the full article.

Keyboard Shortcuts

Navigation

Next / previous post
j/k
Open post
oorEnter
Preview post
v

Post Actions

Love post
a
Like post
l
Dislike post
d
Undo reaction
u
Save / unsave
s

Recommendations

Add interest / feed
Enter
Not interested
x

Go to

Home
gh
Interests
gi
Feeds
gf
Likes
gl
History
gy
Changelog
gc
Settings
gs
Discover
gb
Search
/

General

Show this help
?
Submit feedback
!
Close modal / unfocus
Esc

Press ? anytime to show this help