Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
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Source: CNBC
Published: 2026-08-05 06:39 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Business & Economy
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Snippet:
Michael Burry of "The Big Short" fame is sticking with his bearish wagers even as the S&P 500 surges to a record high, warning that the rally could still end in a sharp sell-off reminiscent of the 1987 stock-market crash.
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