Trending

‘Worse Than 2008’: ‘Big Short’ Investor Michael Burry Says Current Economic Downturn Could Top Great Recession

  • Famed investor Michael Burry delivered his most dire warning about the current US economy late Thursday.
  • Burry, the boss of Scion Asset Management, noted that one of his market analysts said his comments were “spooky” because he voiced his concerns on Sept. 29.
  • The Dow had plummeted nearly 500 points before Burry’s tweet and has pared more than 20 percent from its high of almost 37,000 — putting it into the bear market territory.
Click to read full article Go back home

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.