‘Big Short’ Burry suggests stock market jump is a mirage

‘Big Short’ Burry suggests stock market jump is a mirage

Michael Burry is a historic figure in investing. Many retail investors check his every word and social media post in hopes of finding clues to a good investment strategy.

His stock portfolio is scrutinized to see which companies have his confidence and which do not. Addressing some of the companies that don’t, Burry, who runs hedge fund Scion Asset Management, shorted their shares, betting that in the short term their stock prices will fall.

In times of great uncertainty, such as right now, Burry’s messages are particularly expected. Investors wonder if a hard landing – a recession – is on the horizon or if the Federal Reserve can engineer a soft economic landing.

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