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Michael Burry Warns of Stock Crash
Michael Burry warns a stock market crash is coming, saying it's in denial stage, even as the S&P 500 hit a new all-time high.
Key points
- Michael Burry warned a stock market crash is coming, calling the market "in its first stage of grief, denial," and said per 2000 and 2008 this stage lasts 6-9 months.
- Burry has repeatedly said the stock market is going to crash this year.
- Today, the S&P 500 hit a new all-time high.
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Original post
JUST IN: "Big Short" investor Michael Burry warns a stock market crash is coming.
"The stock market is quite obviously in its first stage of grief, denial. Per 2000 and 2008, this stage lasts 6-9 months."
Burry has repeatedly said the stock market is going to crash this year. Today, the S&P 500 hit a new all-time high.
Top replies on X
Reaction on X: Replies overwhelmingly mock Burry's track record, with users saying he has warned of a crash repeatedly for years and citing inflated counts of his past predictions. No reply defends the call, and the original poster does not respond.
Sign in to see 5 top replies from X
From @wallstreetcule, @WhaleStreetInc, @TimWarrenTrades and others. Spam removed, with English and Chinese translations.
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