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‘Big Short' investor Michael Burry warns market plunge ‘maybe halfway' over

1 month ago   |   By New York Post

Burry warned that company earnings are next to suffer from the effects of surging inflation and Federal Reserve interest rate hikes that have weighed on major stock indices.
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'Big Short' investor Michael Burry warns the historic slump in stocks and crypto may only be half done - and he expects weak earnings to drag markets lower

'Big Short' investor Michael Burry warns the historic slump in stocks and crypto may only be half done - and he expects weak earnings to drag markets lower

1 month ago   |   By Business Insider

Michael Burry. Kevin Mazur/WireImage
Michael Burry warned the plunge in stocks and crypto might only be at the halfway point.
"The Big Short" investors expects weak corporate earnings to fuel the next leg down in markets.
Burry predicts a slump in consumer spending will weigh on company profits later this year.
Michael Burry warned the historic declines in stocks and cryptocurrencies this year could double in magnitude over the coming months. "Adjusted for inflation, 2022 first half S&P 500 down 25-26%, and Nasdaq down 34-35%, Bitcoin down 64-65%," he tweeted on Thursday. "That was...
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