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14min chapter
Home Team | PBD Podcast | Ep. 295
PBD Podcast
Michael Burry's Bearish Bets and the State of the Market
This chapter discusses Michael Burry's recent bearish bets against the US stock market, including his purchase of put options against Invesco QQQ and SPDR SMP ETF shares. The discussion explores Burry's history of successful predictions and skepticism towards the market's current state. It also touches on the influence of the 'magnificent seven' stocks and the impact of recent interest rate raises on market sentiment.
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