‘Big Short’ Issues Serious Warnings for Economy

In the recent market euphoria, Michael Barry has to come out as a killer.

Additionally, he chose “Cassandra BC” as the handle for his microblogging website Twitter. This suggests that he doesn’t mind frequently going against the prevailing trend stream if he ultimately decides it’s right.

The major financial indicator closed in green for the fourth week in a row on Friday 12th August. The benchmark index, the S&P 500, is up 134.96 points, or 3.3% over the course of the week. The Dow Jones rose 957.58 points (2.9%) and the Nasdaq rose 389.63 points (3.1%).

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