News Formal

‘Big Short’ sage Michael Burry ticks off market ‘crash’ checklist as meme stocks, crypto struggle

  • 📰 nypost
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Burry first cautioned that US stocks were heading toward “the mother of all crashes” in June 2021.

At the time, he cited irrational “fear of missing out” trading activity related to cryptocurrencies and meme stocks as a sign of the volatility.

“All hype/speculation is doing is drawing in retail before the mother of all crashes,” Burry tweeted. “When crypto falls from trillions, or meme stocks fall from tens of billions, #MainStreet losses will approach the size of countries.” The hedge fund wizard followed up on that prediction in a tweet last week while sharing a chart showing the S&P 500’s decline so far this year.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 91. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Bitcoin Crashes to 6-Week Lows as Crypto Markets Shed $60 Billion (Market Watch)The crypto market cap saw $60 billion gone daily as bitcoin slumped to a 6-week low while ETH plummeted by nearly 10%.
출처: Crypto_Potato - 🏆 568. / 51 더 많은 것을 읽으십시오 »