Investor Behind “The Big Short” Rings Inflation Alarm – Warns of Huge Market Bubble and “Mother of All Crashes”
Michael Burry, the famous investor behind “The Big Short” warned of rising inflation and a huge market bubble.
Burry warned in June that the “mother of all crashes” is coming back in June.
He also railed against the Federal Reserve following the report that two of its regional presidents were trading stocks and securities last year.
Business Insider reported:
“The Big Short” investor Michael Burry blasted the Federal Reserve for its trading scandal, underlined the inflation threat using Costco, and deleted his Twitter account yet again this week.
“Bond & stock markets depend on a Fed stripped of all credibility,” Burry said in a now-deleted tweet.