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Burry Warns of Market Top Amid Record Gains | Raleigh News
Description
While the S&P 500 and Nasdaq hit record highs thanks to strong earnings and falling oil prices, Michael Burry is sounding the alarm—warning we may be nearing a major market top, even comparing it to the 1987 crash. He’s pointing to calm markets encouraging risky borrowing, historical patterns mirroring the dot-com bubble, and deep skepticism about AI’s financial sustainability. Burry’s digging into tech giants’ accounting, especially depreciation, and still holds shorts—including Nvidia, despite mixed results. He admits shorting is tough, but says he has to play the game.
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