Michael Burry cảnh báo thị trường chứng khoán Mỹ có thể đang ở gần đỉnh, trích dẫn nguy cơ sụp đổ theo kiểu năm 1987

The Huoxing Finance report states that on August 5, Michael Burry, the investor famous for the movie "The Big Short," issued another bearish warning on the market. He stated that although the S&P 500 index has recently continued to hit new highs, the market may be nearing a significant top, with even the possibility of a crash similar to the 1987 stock market crash. On Tuesday, Burry posted on Substack that the market rally may be forming a self-reinforcing mechanism. As volatility declines, volatility-targeted funds may increase leverage, while momentum strategies could further expand risk exposure, driving continued inflows into the market. The recent rise in the S&P 500 index to new highs has been primarily driven by stronger-than-expected corporate earnings and expectations of restored shipping in the Strait of Hormuz, which have led to a decline in oil prices. The Nasdaq Composite Index rose nearly 5% over the first two trading days of this week. However, Burry has not altered his skepticism toward the AI investment frenzy. He believes that current infrastructure investments in AI rely partly on financing models that are unsustainable in the long term, and he continues to hold multiple short positions, including semiconductor ETFs, NVIDIA, Micron, Tesla, Caterpillar, Palantir, and Applied Materials. Burry noted that, aside from his NVIDIA short position, all other short positions are currently profitable; however, if market conditions continue to deteriorate, he will choose to cut his losses. He also cautioned investors that short selling is not suitable for most people: "I have to short; most people should not try."