Leaders.com
  • Business
  • Leadership
  • Wealth
  • Master Classes
  • Business
    • Entrepreneurs
    • Executives
    • Marketing and Sales
    • Social Media
    • Innovation
    • Women in Business
  • Leadership
    • Personal Growth
    • Company Culture
    • Public Speaking
    • Productivity
    • Hiring
    • Social Issues
    • Leaders
  • Wealth
    • Investing
    • Cryptocurrency
    • Retirement
    • Venture Capital
    • Loans and Borrowing
    • Taxes
    • Markets
    • Real Estate
  • Master Classes
Markets Burry

Michael Burry warns investors to "Sell" (Astrid Stawiarz/Getty Images)

By Tyler Hummel Leaders Staff

Tyler Hummel

Tyler Hummel

Tyler Hummel is a news writer for Leaders Media. He was the Fall 2021 College Fix Fellow and Health Care...

Full bio


Learn about our editorial policy

Feb 3, 2023

Michael Burry’s Cryptic Dire Warning

Michael Burry, an investor most known for his depiction in The Big Short, sent an ominous warning to investors this week, and it went unheeded. 

Key Details

  • On Wednesday, the Federal Reserve announced its eighth consecutive interest rate hike in the past 11 months. 
  • In a now-deleted tweet, Michael Burry, founder of the hedge fund Scion Capital and famous for shorting the market before the 2008 financial crisis, told investors to “Sell.” 
  • The tweet reflected an air of anxiety awaiting the Fed’s stated agenda to continue tightening monetary policy until it can force inflation under 2%, Bloomberg notes.  
  • Burry deleted everything on his social media profile on Wednesday and has turned down several requests for comment from different media outlets.

Why It’s News 

Michael Burry is most known for his portrayal in the book and 2015 film The Big Short, starring Christian Bale, but he is also known for his ability to read the market and share cryptic investing advice on Twitter. His predictions of late have been very negative, saying that the U.S. government’s stimulus spending will cause another inflation spike and feed into a recession in the near future. 

As we previously reported, Burry recently predicted a multi-year recession far worse than anything market analysts are predicting. Burry has a mixed history of predicting market crashes but successfully predicted the 2008 financial crash and a crypto crash in June 2021.

This cynicism puts Burry in good company. ARK Invest CEO Cathie Wood and Tesla CEO Elon Musk have similarly warned that the Fed’s tightening monetary policy is negatively impacting the economy in the long term and could even result in currency deflation if taken too far. 

His warning to “Sell” before the Federal Reserve made its move suggests that he sees an incoming and precipitous market crash following the Fed’s attempts to create an artificial recession and stop entrenched inflation—inflation will simply become more entrenched, Americans will deplete their savings, and the entire economy will slow down for an extended period. Or he may be attempting to play the market again.

Notable Quote 

Musk, who previously was criticized by Burry for overvaluing Tesla stock, took a jab at Burry on Wednesday by liking a that says, “Michael Burry deleting his account every time he shorts the local bottom will never stop being funny.” As Business Insider notes, Musk has dismissed Burry in the past as a “broken clock.” 

Home / News / Michael Burry’s Cryptic Dire Warning
Share
FacebookTweetEmailLinkedIn

Related Stories

Seattle Takes The Crown For Advanced Tech Talent

by PJ Howland Leaders Staff
Tech

Oct 24, 2023

Seattle tech talent

Seattle has emerged as the metro area with the most advanced tech talent, beating out tech hubs like San Francisco and Silicon Valley.

Key Details

  • According to a new ranking by the Burning Glass Institute, Seattle has the highest proportion of advanced tech workers compared to other cities with similarly sized tech workforces.
  • The ranking evaluated 60 million high-paying, in-demand tech job postings and histories to identify cities with cutting-edge roles like AI and cybersecurity rather than legacy tech positions.
  • With tech giants Amazon and Microsoft headquartered in Seattle, the city edged out the San Francisco Bay Area, Boston, Austin, and Raleigh on the list.
  • The report found that demand for software developers and IT support specialists has declined over the past five years as companies seek more specialized tech talent.

Go deeper

FacebookTweetEmailLinkedIn

More Americans Can’t Keep Up With Car Payments

by Colin Baker Leaders Staff
Loans and Borrowing

Oct 23, 2023

car loans, used cars

A record number of Americans are behind on their car loan payments as higher interest rates and prices weigh on consumers.

Key Details

  • According to data from Fitch Ratings, 6.11% of car loans were at least 60 days delinquent in September, the highest since tracking began in the early 2000s.
  • Some interest rates on used cars can rise to as much as 21%, according to Bankrate.
  • Soaring prices and rising interest rates are squeezing consumers, making it difficult for some to keep up with their auto loans.

Go deeper

FacebookTweetEmailLinkedIn

Chevron Makes $53 Billion Deal Amid Surging Gas Prices

by PJ Howland Leaders Staff
Markets

Oct 23, 2023

Chevron Gas Deal

Chevron is acquiring Hess Corp. for $53 billion, the second significant oil producer acquisition this month as crude prices climb.

Key Details

  • Chevron is purchasing Hess in an all-cash deal worth $53 billion, including debt and preferred stock redemption.
  • This comes just weeks after ExxonMobil announced its $59.5 billion purchase of Pioneer Natural Resources.
  • With oil over $80 per barrel, major producers are using their windfall profits to acquire smaller players and boost payouts to shareholders.
  • Chevron expects the deal to close in H1 2023 pending regulatory approvals and Hess shareholder vote.
  • Hess CEO John Hess will join Chevron's board once the acquisition is complete.

Go deeper

FacebookTweetEmailLinkedIn
nike logo
Company Culture

Oct 20, 2023

Nike to Require More In-Office Days From Employees

by Colin Baker Leaders Staff
blue collar workers
Retirement

Oct 20, 2023

Explaining The ‘C+ Grade’ Retirement Ecosystem in The United States

by PJ Howland Leaders Staff
netflix building
Entertainment

Oct 19, 2023

Netflix Hiking Prices While Adding Millions of Subscribers

by Colin Baker Leaders Staff

Recent Articles

Hiring

Nov 1, 2023

Learn the Winning Answers to the Most Common Phone Interview Questions

Come to your next phone interview fully prepared

Personal Growth

Oct 30, 2023

85 Quotes on Self-Love to Boost Your Self-Esteem

Don’t fall into the trap of harsh self-criticism

Company Culture

Oct 27, 2023

What is a Sabbatical? Your Ticket to Restful Growth and Meaning

Sabbaticals can benefits both employees and businesses

  • Business
  • Leadership
  • Wealth
Join the Leaders Community

Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business.

Subscribing indicates your consent to our Terms & Conditions and Privacy Policy

Leaders.com
  • Privacy Policy
  • About
  • Careers
  • Cookie Policy
  • Terms
  • Disclosures
  • Editorial Policy
  • Member Login

© 2025 Leaders.com - All rights reserved.

Search Leaders.com