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Home›ETFs & Funds›Hedge Funds›Michael Burry warns a possible 1987-style market decli…

Michael Burry warns a possible 1987-style market decline

Reported · Written up by our desk · Hedge Funds

CNBC reports hedge fund investor Michael Burry says he continues to believe markets may be near a major top.

In a Tuesday Substack post, Burry warned that conditions could produce a sharp decline comparable to the 1987 crash.

The comments are framed as a caution about the potential timing and severity of a downturn, according to CNBC.

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Sources

CNBC MarketsMichael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
CNBC WorldMichael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
CNBC FinanceMichael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
CNBC FinanceMichael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'

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