You Searched For "scion asset management" and got 20 results
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2 mins read
Walmart just issued a major profit warning. 'Big Short' investor Michael Burry predicted the mega-retailer's problems
Burry said inflation would hit consumer demand, and retailers would cut prices to shift inventory, …
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry slams the White House for denying a recession is looming - and sounds the alarm on inflation, credit-card debt, and labor shortages
Raging inflation is forcing consumers to rack up credit-card debt, and the US economy has outgrown …
Theron Mohamed
2 mins read
'Big Short' legend Michael Burry warns inflation poses a fresh threat to investors - and cautions against banking on a huge stock rally
Investors are facing high inflation for the first time in 40 years, and their preferred strategies …
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry blames inflation and 'just in case' supply for retailers' bloated inventories
Burry expects inflation to slow by Christmas as consumers' savings dry up, and retailers slash pric…
Theron Mohamed
1 min read
'Big Short' investor Michael Burry, Cathie Wood, and Paul Krugman aren't stressing about inflation. Here's why 5 elite market-watchers expect prices to rise slower or even fall.
Several top-flight investors and commentators were sounding the alarm on high, prolonged inflation …
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry predicts higher long-term inflation — and points to labor shortages and the onshoring boom as key drivers
Burry expects pricier domestic production and a shortage of blue-collar workers to spur US companie…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry called out the Fed for not shrinking its balance sheet enough in June — and compared its love of stimulus to a drug addiction
Burry noted the Fed got rid of a fraction of the Treasuries it had planned, and actually added mort…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry expects pressure on white-collar wages — and points to Tesla firing office workers as evidence
Burry predicts the US labor market will be split in two, with a glut of office workers, and a short…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry predicts inflation will slow later this year — and the Fed will reverse course and cut interest rates
Burry expects retailers to slash prices to get rid of their bulging inventories, slowing inflation …
Theron Mohamed
2 mins read
'The Big Short' investor Michael Burry slams Biden, the Fed, and the Treasury for being ignorant of history — and scarily blind to the inflation threat
Burry repeatedly warned that pumping fiscal and monetary stimulus into a rebounding, supply-constra…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry says the dollar isn't strong at all — and inflation is eroding the US currency's buying power
Burry argued the dollar is only strong relative to its currency rivals, and the greenback is buying…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry warns the US economy is on borrowed time — and consumers will blow through their savings in a matter of months
Burry noted that US personal savings have plunged from over 25% of GDP last year to about 3.8% toda…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry predicts a consumer recession and warns companies face more earnings pain
People are saving less, borrowing more, and have spent their pandemic savings, threatening consumer…
Theron Mohamed
1 min read
Jeremy Grantham, Michael Burry, and other market gurus expect stocks to plunge further. Here's a roundup of their latest comments.
These market veterans, who fully expected asset prices to retreat, have cautioned that rising inter…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry compares the market slump to a plane crash — and hints tumbling stocks and home sales remind him of the housing bubble bursting
Burry, who has warned rampant market speculation will end in the "mother of all crashes," said he t…
Theron Mohamed
1 min read
Warren Buffett, Michael Burry, and other elite investors just revealed major changes to their stock portfolios. Here are 5 key trades they made.
Ray Dalio, Jim Simons, and Stanley Druckenmiller's funds all made notable tweaks to their holdings.…
Theron Mohamed
1 min read
'Big Short' investor Michael Burry warns stocks will crash and rallies won't last. Here's a roundup of his recent tweets.
The Scion Asset Management chief's dire prediction may be coming true, as the S&P 500 and Nasdaq in…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry reveals bet against Apple stock and built stakes in Alphabet and Meta last quarter
Burry's Scion Asset Management fund held bearish put options against 206,000 Apple shares as of Mar…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry warns household wealth is under pressure — and higher wages can't replace the huge wave of pandemic stimulus
Burry warned bigger paychecks can't take the place of stimulus checks, cash-out refinancing, forgiv…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry applauds Elon Musk's Twitter purchase — and sees shades of the Great Crash of 1929 in the recent stock-market tumble
Burry cheered the Tesla CEO's deal to take Twitter private, and highlighted the remarkable optimism…