U.S. stocks: A peak in 0 to 9 months
The Big Short is sounding the crash alarm again. Could he be right this time? Who still believes him?
Let’s take a look back
In 2019, Burry said “index funds are the new CDOs.” The S&P 500 went on to rise 281%.
In 2021, he called for “the biggest crash in history.” Even though the market really did fall in 2022, it first rose 84% from the level where he made the call.
In January 2023, he posted one word: “Sell.” In March, he took it back.
He was even long Microsoft this April.
A foreign outlet came up with this headline just for him: “Burry has predicted 12 of the last 3 crashes” 🤣
This time, he’s consolidated his individual-stock shorts into put options on the Nasdaq 100 and SMH.
The options expire in April and June 2027, with strike prices 20% below the prices at the time.
He’s calling for a market peak in 0 to 9 months.
Will he really be right?
The Big Short is sounding the crash alarm again. Could he be right this time? Who still believes him?
Let’s take a look back
In 2019, Burry said “index funds are the new CDOs.” The S&P 500 went on to rise 281%.
In 2021, he called for “the biggest crash in history.” Even though the market really did fall in 2022, it first rose 84% from the level where he made the call.
In January 2023, he posted one word: “Sell.” In March, he took it back.
He was even long Microsoft this April.
A foreign outlet came up with this headline just for him: “Burry has predicted 12 of the last 3 crashes” 🤣
This time, he’s consolidated his individual-stock shorts into put options on the Nasdaq 100 and SMH.
The options expire in April and June 2027, with strike prices 20% below the prices at the time.
He’s calling for a market peak in 0 to 9 months.
Will he really be right?