‘Big Short’ Investor Michael Burry Warns US Economy Flashing Historical Signal That Preceded Multi-Year Bear Markets – The Daily Hodl
An investor who famously nailed the Great Financial Crisis of 2008 by shorting mortgage-backed securities is issuing a new warning on the US economy. Former Scion Asset Management head Michael Burry is sharing a chart from Wells Fargo and Bloomberg showing the percentage of the average US household’s net worth allocated to real estate and...
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