by predictany007
Michael Burry, the founding father of Scion Asset Administration who was made well-known by Christian Bale within the film “The Massive Brief,” mentioned on Twitter that the primary half declines in fairness markets this yr have been “a number of compression” and following this shall 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 Massive Brief’ investor Michael Burry who predicted the 2007 subprime mortgage disaster says he thinks “we’re about midway by means of the autumn.”
The S&P 500 SPY has fallen 20% thus far this yr. Do you agree that SPY would possibly backside out at about -40%?
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