Michael Burry has turned from water to wine. The star of “The Big Short,” who made waves for investing in water after calling the collapse of the mid-2000s US housing bubble, explained why he’s betting on fine wines in a Substack post on Thursday. Burry, who pivoted from running a hedge fund to writing about
The dollar could eventually lose its status as the world’s reserve currency if the US fails to maintain its economic and military dominance, JPMorgan Chase CEO Jamie Dimon said. “If we’re not the strongest military in 25 years and the strongest economy, we won’t be the reserve currency either,” Dimon said on PBS’ “Firing Line