Dow Futures Dip and ‘We Are All Screwed’ If This ‘Magnificent Bubble’ Pops, Warns Fund Manager
Dow Jones Industrial Average (DJIA) futures dipped 54 points ahead of the bell on Tuesday. Fund manager Michael Pento claims the stock market’s record highs are a “magnificent bubble” and the pullback will be brutal. His comments echo Michael ‘Big Short’ Burry who said index funds have inflated a new market bubble. Dow futures dipped…