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Market Would Fall by 12,152 Points in a 'Black Monday' Style Crash. Big Short Investor Says It's Possible.
Burry says leveraged momentum and lofty AI valuations could set up a sudden selloff, as his shorts on Nvidia, Palantir and Tesla remain profitable.
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4 Articles
4 Articles
Market Would Fall by 12,152 Points in a 'Black Monday' Style Crash. Big Short Investor Says It's Possible.
Michael Burry is still short, still warning of a shock on the scale of 1987, and doing so while the Dow sits near all-time highs and the VIX barely stirs. His reasoning traces back to a single, rarely seen S&P 500 signal he says has only appeared three times since 1999.
·Lakewood, United States
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Michael Burry, known for "The Big Short," warned of the unusually calm in stock markets, which has lasted for 182 trading days. Analyzing the situation, which deviates from data from the last 30 years, Burry highlighted the risk facing investors.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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