share_log

“大空头”Michael Burry再发神秘推文:“看着就像飞机失事。”

"Big short" Michael Burry tweeted mysteriously: "it looks like a plane crash."

Wallstreet News ·  May 25, 2022 22:36

Source: Wall Street

Author: Gao Zhimou

Michael Burry, founder of Scion Asset Management, the prototype of the movie Big short and who made a lot of money shorting subprime mortgages during the 2008 subprime crisis, tweeted about how he felt on the eve of the 2008 financial tsunami:

As I said in 2008, it's like watching a plane crash. It's painful, it's not funny, and I'm not laughing. "

However, Burry did not explain further that the tweet has been deleted. It is worth mentioning that a year ago, Burry also posted that the "mother of all crashes" was coming, and he also did not give a clear explanation at that time.

The tweet by Big bears came as the S & P 500 index pulled back from its high and recorded a seven-week decline for the first time since 2001; on May 25th, Snap Inc, who had been warned by the results, tumbled 43 per cent, with the Indica index down more than 2 per cent to an 18-month low. Wall Street mentioned that many investors believe that Snap Inc's Waterloo is just the beginning, and the entire digital advertising industry and even the Internet plate may have to face the storm.

In addition, the National Association of Realtors also showed that new home sales in the United States plummeted in April, and high house prices and surging home loans appeared to be "cooling" the US real estate market, which had been booming for two years.

At a time when the Federal Reserve raised interest rates, US stocks "clouded" and markets worried that a US recession was imminent, any hint of an economic slowdown would scare investors. As a result, the renewed voice of the "big short" quickly triggered a heated debate among investors on whether Burry is bearish on the capital markets again. A netizen asked Burry:

"responsible for the housing market in 2008, but what is the culprit in 2022?"

Burry did not reply. However, most netizens' answers to this question are quite negative. One of the comments is as follows:

"A large amount of money overissue has created a bubble in every asset. Compared with what is coming, 2008 is nothing at all. A house that is supposed to sell for 500000 is crazy to sell for 2.2 million now. As a currency, the dollar has been destroyed, "

Another user sent a soul torture question:

"is everything a bubble? Or are Western currencies overvalued? "

Of course, there are always two voices in the market most of the time. Some "optimists" netizens said:

"Don't compare with 2008, the mood in today's world may change in the blink of an eye."

Edit / ping

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment