BURRY: CUT TECH EXPOSURE AMID BUBBLE FEARS
Michael Burry warns markets are showing bubble-like signs driven by AI hype and momentum trading, urging investors to reduce tech stock exposure and “reject greed.”
He advises raising cash and avoiding aggressive bets like shorting, which he says is too risky and costly for most investors.
Burry, known for predicting the 2008 crash, says current conditions resemble the late 1999–2000 dot-com bubble and sees tech valuations as stretched.
@SecScottBessent They have been allegedly already freely moving their oil thru the strait. So I’m guessing this is to save face to say look we are alllowing this, they got our okay, instead of we are allowing it because we have to or it will shock markets.
Israel is going genocidal on Tehran after failing to achieve regime change or any other stated objective
This is unbridled state terror supported by every element of the trans-Atlantic elite
RATE-CUT BETS FIRM FOR DECEMBER
Market expectations have swung sharply, and traders now see an 80% chance of a quarter-point Fed rate cut in December, up from under 45% last week. The shift followed comments from New York Fed President John Williams, who signaled he’s open to a cut — a sign to many that Powell’s inner circle may support lowering rates at the next meeting.