GEO

Worried about the prospect of a recession coming next year? Well, that sounds like a mild scenario, if Michael Burry’s prognosis is anything to go by. The investor whose famous bet against the US housing market was documented in “The Big Short,” thinks a ‘multi-year recession’ is potentially in the cards – and one more severe than currently expected. This statement follows previous warnings regarding the economy, such as predicting last year that the ‘mother of all crashes’ is coming, while also suggesting recently that the bad times ahead could even top those of the Great Recession.
https://www.tipranks.com/news/article/michael-burry-sees-recession-looming-but-that-hasnt-stopped-him-from-buying-into-these-2-stocks?utm_source=advfn.com&utm_medium=referral