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2023-08-24 | Education

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?