Michael Burry bets against rally: ‘We are near a major top, and possible a 1987-type fall’
2 sources·Updated August 4, 2026
Covered by 2 sources
- The West Australian·2h agoMichael Burry bets against rally: ‘We are near a major top, and possible a 1987-type fall’
Michael Burry is sticking with his bearish wagers even as the S&P500 surges to a record high, warning that the rally could still end in a sharp sell-off reminiscent of the 1987 stock-market crash.
Read at The West Australian → - CNBC Top News·4h agoMichael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.
Read at CNBC Top News →