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The S&P 500 has hit a new high, and "Big Short" investor Michael Burry believes this could trigger a crash similar to 1987.
Michael Burry, known for his successful prediction of the US housing market collapse and depicted in the film "The Big Short," stated earlier on Wednesday via X (excerpted from his Substack post) that he still believes the market may be nearing a major top and could experience a crash similar to 1987, but the S&P 500 reaching new highs might attract fresh capital into the market.
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Source：MarketWatch · Source Link
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