Michael Burry warns of stock crash as tech jump echoes 2000 peak

Posted 2 hours ago by

Economic Times

Investor Michael Burry, famed from 'The Big Short,' warns the Nasdaq 100 faces a sharp downturn, likening its parabolic tech surge to the dot-com bubble's peak. He points to soaring chip stocks and inflated valuations, suggesting Wall Street is overestimating company earnings. Burry advises caution and profit-taking, anticipating a significant market correction.