The S&P 500 just hit a new high. ‘Big Short’ investor Michael Burry thinks it could bring a 1987-style fall.

The S&P 500 reached a new high on Tuesday. Michael Burry, known for his investments during the 2008 financial crisis, stated his concern about a potential market downturn similar to the 1987 crash. Burry has maintained bearish positions on technology stocks.

Next story