The 'Big Short' hero's move might be premature, suggests crypto analyst
The discussion becomes even more intriguing when we look at the expected trajectory of the DXY . There is a prevailing sentiment that it is just a matter of time before the DXY plunges, which would consequently elevate risk assets. But this anticipated boost could very well be the"final leg up" before the market undergoes a profound correction.
In the past, Michael Burry has displayed an uncanny ability to read the signs and act decisively, even if ahead of the curve. His enormous short bet against the U.S. housing bubble in the mid-2000s is now the stuff of legend and was famously chronicled in the movie"The Big Short." But it is also worth noting that such foresight is often accompanied by a period of waiting and, at times, facing skepticism.
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Michael Burry of ‘The Big Short’ fame reveals potential big bets against the market, tech stocksMichael Burry, known for calling the subprime mortgage crisis, just unveiled potential massive bets against the stock market.
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'Big Short' trader Michael Burry loaded up on bearish options in second quarter, filing showsMichael Burry, who rose to fame for his winning bets during the subprime crisis, loaded up on put options on the S&P 500 in the second quarter, a filing showed.
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Big Short 2.0: Did Bitcoin Critic Michael Burry Just Bet Big Against Market?Michael Burry, the finance maverick immortalized in 'The Big Short,' has reportedly bet heavily against two of the stock market's flagship indices
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'Big Short' Michael Burry reveals bets against S&P 500 and Nasdaq-100'Big Short' investor Michael Burry reveals bets against the S&P 500 and Nasdaq 100 - and sweeping changes to his stock portfolio
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Burry, famous for 'Big Short,' bought bearish options against S&P, Nasdaq 100Michael Burry, the money manager made famous in the book and film 'The Big Short,' held bearish options against the broad S&P 500 and Nasdaq 100 Index at the end of the second quarter, according to securities fillings released on Monday.
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Investor who predicted the housing crisis makes massive bet against stock marketInvestor Michael Burry has taken a huge short against the U.S. stock market, to the tune of more than $1.6 billion.
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