Michael Burry Cautions Against Potential 1987-Style Market Crash as S&P 500 Reaches All-Time High
Michael Burry has expressed concerns that U.S. equities may be approaching a significant peak and could experience a crash reminiscent of 1987, despite the S&P 500 achieving its first record closing level since June on Tuesday. The investor, renowned for his foresight in predicting the 2008 housing market collapse, shared these insights in a Substack post dated August 4, 2026.
Michael Burry has expressed concerns that U.S. equities may be approaching a significant peak and could experience a crash reminiscent of 1987, despite the S&P 500 achieving its first record closing level since June on Tuesday. The investor, renowned for his foresight in predicting the 2008 housing market collapse, shared these insights in a Substack post dated August 4, 2026.
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