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Michael Burry has been one of the most talked-about investors over the past couple of years. Usually because of his extreme, over-the-top bearish commentary on the stock market and economy. It's pretty easy to dismiss Michael Burry’s warnings, since the S&P 500 is up over 10% over the last few weeks. I think that Michael Burry’s warning isn't as crazy as it sounds. He's just early, like he was on #inflation before Jerome Powell and the Federal Reserve officially started raising interest rates, which drastically changed which #stocks are the best stocks to buy now.
📝 Resources & References 📝
#michaelburry Just Sold His ENTIRE Stock Portfolio... by @NewMoneyYouTube : https://www.youtube.com/watch?v=R8yAB1SNJCc
Michael Burry's tweets can be found at: https://twitter.com/BurryArchive
Black Friday online sales top $9 billion in new record ( @CNBC ): https://www.cnbc.com/2022/11/26/black-friday-online-sales-top-9-billion-in-new-record.html
Big Tech falters on dreary earnings and forecasts for Q4— Meta has worst week ever, Amazon tumbles 13% - https://www.cnbc.com/2022/10/28/big-tech-falters-on-q3-2022-results-as-meta-has-worst-week-ever.html
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All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.
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