Michael Burry's Warning for the 2023 Stock Market Crash

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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, 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

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