Lets talk about Michael Burry and his latest prediction – Add me on Instagram: GPStephan
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In terms of Michael Burry’s overall thoughts…he did make an interesting point that, throughout a bear market, we’re likely to see quite a few rallies along the way.
“Bounces are the most epic. 12 of the top 20 NASDAQ 1-day rallies happened during the 78% drop from the 200’s top. 9 of the top 20 SP500 1-day rallies happened during the 86% drop from the 1929 top.”
He also goes on to say that ‘The DOW had 10 bear market rallies of MORE THAN 10%…before bottoming down 89% in 2919…”…suggesting that, it’ll take some time before we reach the TRUE BOTTOM…
https://twitter.com/BurryArchive/status/1522003863741550592/photo/1
Morgan Stanley also tends to agree, saying that: “Generally speaking, we do not see bear markets bottom without panic selling, similar to what was seen in 2001 and 2020…Historically speaking, no bear market has ever bottomed without a VIX reading of 45 or more.”
Although, in terms of reaching a bottom…the WallStreetJournal gave a slightly DIFFERENT variation… saying that, since 1950…”the S&P 500 has sold off at least 15% on 17 occasions….On 11 of those 17 occasions, the stock market managed to bottom out only around the time the Fed shifted toward loosening monetary policy again.”
In this case, JP Morgan believes that “The Fed’s moves “raise the risk of a recession starting this year or early next year… and raises the risk frankly that they’re not going to be able to keep raising rates that long,”…meaning, if inflation comes down, AND our economy starts to fall…there’s a chance they can ease, or even REDUCE RATES…and, when..or, IF that happens..the market might start to recover.
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Hey mate, thanks for the shout out! Much appreciated. 🙂
Remember when FTX was a thing
I love the ad break with fire burning in the background. "This is fine"
I've been waiting for the "big crash" since the REPO market froze in 2019. I still think it's possible that it will eventually come true but what you say is also true, that one misses opportunities to earn, since the crash didn't come. Correct, but the pain of losing everything justify the caution and it also remembers us that the stock market is just gambling. Nice video, but the pace is too much over the top. You could maybe consider to slow down a bit, saying just main key points instead of reading everything at this pace. That's the only reason I didn't subscribe yet. Too much adrenaline. 😉
Well everyone that voted Democrat deserves the crash that’s coming
so When we short the mother fuckers :)))
this may be an uninformed comment but i don't wonder if these videos ( not just yours,the platform in general) will have a role to play in the onset of the crisis? or at least help to spur it along.. though i realize that all the videos in the world shouldn't affect a healthy market..
fed has interview saying going to slow employment level to bring it to a hault why? can you explain that
Please slow the rate of hands movement because it’s too much and is causing vertigo , bravo for the videos 👍🏼
I'll trust ya Bro! ✨😘✨
be careful with spammers leaving comments that they made a million dollars with an "agent" and they have their sidekicks saying they did and that they recommend such and such blah blah blah
Not a follower of his but earlier this year I sold off all of my stocks. I would like to say it was that I was expecting a recession and market plunge but it wasn't. The US taxes all my assets at 20% when you renounce your citizenship after getting citizenship elsewhere. I was just preparing to pay the fees for my freedom. So long high taxes and over priced everything.
I wanna know who stole the avocados
I'm interested
I don't think anyone knows time frames for these thing because the Fed can come up with creative ways to keep the engine running when things get shaky, but I think Burry is right in essence. I think he sees the problems and he sees how unsustainable the structure is.
No one can tell you when the bridge will collapse or how long those duct-tape and bubble-gum fixes will hold it together. But an observant person knows that sucker is coming down.
That's Burry. And I have an ominous feeling that, broadly speaking, he's right.
It's 90+ degrees dang near every where. Might want to rethink the fireplace backdrop. IJS😁
There’s a difference between making enough predictions and eventually one will become true and making hundreds of milllions of dollars on something like 2008 when everybody was calling you crazy 😂😂😂
So the next crash will not be caused by the sub prime housing market?
the unemployment rate is incorrect, we haven't even hit our peak of workers under Trump economy
Michael got lucky last time. Ain’t listening to him and his warnings. He and his FUD can bye bye .
It’s insanely disrespectful to use footage about Michael burry depicted by Christian Bale. Looking at you New money. Who literally used bale in the thumbnail. He’s his own person
10:48 Really, you spent an hour and even though you showed Ray Dalio's video related to this earlier in this video, you couldn't find anything?
What if we just HODL?
Until they carry xrp I don't trust ftx
Burry’s said this every week since 2008
And this is all hoping a revolution doesn’t break out
The food and energy prices will never go down due to corporate greed.
Who is this arm shaking kid
Bottom line: Michael Burry will be proved right…AGAIN !!! If you believe the government stats on inflation and unemployment, you truly ARE dumbed down !
I hope it's crashes to 0 so my poor ass can buy alot
So yr flogging investments and yr bullish, gee what surprise.
I'm getting so excited. The more they drop, the more I'll buy…
Frantic hand-waving.
Awesome!!! I have 60 bucks in the bank. Burn baby burn
Lmao the closing statement about subscribe made me laugh. As you said that I had just pressed subscribe.
Lmao everything else sucks but hey get into block fi hahahagagwgq didn’t age well
EDITOR : By editing out breaths between sentences, these videos increasingly become preachy, shouty sermons. Not very engaging. Make it more natural would be my polite advice
It`s all been planned by world leaders to take us into another world war…nothing creates wealth for the elites like war…