‘Trees do not grow to the sky’: Nelson Peltz states the stock exchange’s Trump ‘bliss’ will not last
In This StoryThe stock exchange has actually been on a record-setting hot streak because Donald Trump won the White House recently. Billionaire activist financier Nelson Peltz does not believe it will last.Recommended ReadingHow AI discovered an audience for a John Stamos Super Bowl businessRecommended Reading"No, trees do not grow to the sky. Absolutely not undisturbed," the Trian Partners creator stated in an interview at CNBC's Delivering Alpha conference. "There will be something that may distress it. I believe you've got ecstasy from the election."Significant stock indexes, consisting of the Dow Jones Industrial Average, the S&P 500, and the Nasdaq, all struck record highs in the days following Trump's election win. These gains slowed Wednesday, with the Dow ending the day up simply ...