2023-08-24 | Market Dive
Big Short Investor Bets $1.6 Billion On Stock Market Meltdown: Is It Time To Panic?
Michael Burry MD, The Big Short investor who famously predicted the 2008 financial crisis, has recently taken a USD 1.6 billion short position on the S&P 500 and Nasdaq. Is the stock market headed for a meltdown? Is it time to panic? Or is the market simply experiencing a temporary correction?