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Famed investor Michael Burry predicts U.S. recession "by any definition"

Summary by Ground News
Investor Michael Burry predicts the U.S. economy will enter a recession in 2023. Burry says inflation has peaked, but will reach a high point again as part of the same cycle. He expects the Fed eventually to cut interest rates to stimulate economic growth, fueling another bout of inflation.

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Bias Distribution

  • 67% of the sources lean Right
67% Right
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The Street broke the news in on Monday, January 2, 2023.
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