Timothy Sumer

Michael Burry (known from The Big Short) is currently predicting a huge stock market crash for 2023. In fact he's predicting a crash on the scale of the dot com bubble and the Great Recession of 2008. In this video, we examine his latest tweets about the U.S. market being propped up by retail investors. New Money Clips: My Podcast: If you'd like to try Sharesight, please use my referral link to support the channel! :D (remember you get 4 months free if you sign up to an annual subscription!) ★ ★ PROFITFUL ★ ★ Learn to Invest with Brandon van der Kolk (BUNDLE OFFER) ► Learn to Master Your Tax Return (SPECIAL OFFER) ► ★ ★ CONTENTS ★ ★ 0:00 Michael Burry's Scary Track Record 1:58 Buy the Dip Mentality 4:00 Investors Are No Longer Buying 5:45 The Consumer Recession 6:49 Another Downturn? 7:22 What Do We Do? 9:24 Burry's Strategy DISCLAIMER: Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is f

Michael Burry (of The Big Short) has recently warned of further inflation peaks throughout 2023. Earlier this month, Burry tweeted that CPI may have peaked for now, but is not the last peak of the cycle, hinting that political pressures will cause the Federal Reserve to lower interest rates to stimulate the U.S. economy out of its impending 2023 recession. So could Burry be right? And why is it that other value investors like Charlie Munger agree with his reasoning? New Money Clips: My Podcast: If you'd like to try Sharesight, please use my referral link to support the channel! :D (remember you get 4 months free if you sign up to an annual subscription!) ★ ★ PROFITFUL ★ ★ Learn to Invest with Brandon van der Kolk (BUNDLE OFFER) ► Learn to Master Your Tax Return (SPECIAL OFFER) ► ★ ★ CONTENTS ★ ★ 0:00 Michael Burry's Bold Predictions 1:22 Burry Tweets About 2023 Inflation 2:50 The Current Macroeconomic Situation 4:10 Political Pressure Causing Inflation