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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. At the time, it was pretty easy to dismiss Michael Burry’s warning, since the S&P 500 was up over 10% for the year so far and would climb more than another 10% over the rest of 2021. And the NASDAQ did even better. Well, it turns out that Michael Burry’s warning wasn’t so crazy after all. He was just early, making the call before Jerome Powell and the Federal Reserve officially started raising interest rates, which drastically changes which stocks are the best stocks to buy now.
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