Michael Burry Warns of Long-Term Bear Market as U.S. Household Wealth Shifts to Stocks

icon币界网
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Michael Burry, the investor who called the 2008 crisis, warns of a potential long-term bear market as U.S. household wealth shifts toward stocks. A chart from Wells Fargo and Bloomberg shows stocks now hold more wealth than real estate, a pattern seen in the late 1960s and 1990s before major declines. Burry also points to passive investing, now over 50% of capital, as a risk. With the fear and greed index near extremes, altcoins to watch may face volatility if a downturn hits.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.