Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://www.masterworks.art/tickersymbolyou Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. 🎨 See important Masterworks disclosures: http://www.masterworks.io/cd
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, especially growth #stocks. It's pretty easy to dismiss Michael Burry’s warnings since the S&P 500 is up by almost 15% over the last 2 quarters. Well, it turns out that Michael Burry’s warnings on #inflation and the #recession weren'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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📝 Resources & References 📝
@markets BlackRock's Li: Stock Markets Are Pricing 'Take Off' From Here: https://www.youtube.com/watch?v=wMxgBowclCk
@CNBC Stock market's final leg down looms as weak earnings season, says Morgan Stanley's Mike Wilson: https://www.youtube.com/watch?v=jllSfmo5a1I
@CNBCtelevision Fed Chair Powell: There will be more rate increases to get to our 2 percent inflation goal: https://www.youtube.com/watch?v=SWNyFCWHlEQ
Stock market is basically going nowhere for the rest of the year: Goldman Sachs: https://finance.yahoo.com/news/stock-market-goldman-sachs-going-nowhere-2023-outlook-111317727.html
January Inflation Report - Consumer Price Increases Slowed Slightly: https://www.nytimes.com/live/2023/02/14/business/january-cpi-inflation-report
Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low: https://www.cnbc.com/2023/02/03/jobs-report-january-2023-.html
📜 Disclosures 📜
Additional Masterworks Disclosures: “net returns” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Reg A disclosures: https://www.masterworks.com/cd
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