I rent the Big short and rewatch it again this weekend, I think the Fed learnt the big lesson from that, so they are not going to let that happen again, now that the Fed is all in. the buck stop with them now. one thing i know for sure Tax payers will take care of it once it is all said and done like usual. enjoy the ride.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Michael Burry, the investor made famous by “The Big Short” has been talking bear for a while
Finally, he put his portfolio where his mouth is (he is founder and manager of Scion Asset Management … with $639 million AUM)
(you can slide over to the 3:39 marker)
Bear https://www.youtube.com/watch?v=iocaLXuhA8o
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
I think the pullback probably will be bought. Let's see.
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