by predictany007
Michael Burry, the founding father of Scion Asset Administration who was made well-known by Christian Bale within the film “The Large Quick,” mentioned on Twitter that the primary half declines in fairness markets this yr had been “a number of compression” and following this might be earnings compression.
www.bloomberg.com/information/articles/2022-06-30/scion-s-burry-thinks-we-may-be-about-halfway-through-market-fall?srnd=premium
‘The Large Quick’ investor Michael Burry who predicted the 2007 subprime mortgage disaster says he thinks “we’re about midway via the autumn.”
The S&P 500 SPY has fallen 20% up to now this yr. Do you agree that SPY would possibly backside out at about -40%?
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