Michael Burry Warns Market Is A 'Coiled Spring' Primed For Violent Crash

Famed investor Michael Burry is sounding the alarm on a fragile U.S. stock market, warning that an unprecedented combination of aging demographics, passive investing, and a sudden halt in tech buybacks has created a “coiled spring” primed for a catastrophic crash. The ‘Coiled Spring’ Of Passive Investing In his Substack analysis, the investor argues that the market has become entirely “unmoored from historic valuation measures.” Burry points to the explosion of passive index funds, which now control over ...