‘Big Short’ Investor Michael Burry Warns US Economy Flashing Historical Signal That Preceded Multi-Year Bear Markets

‘Big Short’ Investor Michael Burry Warns US Economy Flashing Historical Signal That Preceded Multi-Year Bear Markets

Michael Burry, the investor who predicted the 2008 financial crisis, is warning of a potential multi-year bear market in the US economy. A chart from Wells Fargo and Bloomberg shows the percentage of the average US household’s net worth allocated to real estate and stocks is at an all-time high.

Bitcoin $70K flush would reset cycle, not confirm new bear market: Analyst

Bitcoin $70K flush would reset cycle, not confirm new bear market: Analyst

An analyst suggests a Bitcoin correction to $70,000 would be a healthy macroeconomic reset, not the start of a new bear market. This article explores the implications for Bitcoin’s future price action.