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S&P 500 Hits Record High: Michael Burry Sticks to His Bearish Bets and Warns of a 1987-style Crash
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FOMOGRAM Editorial Desk
Aug 5, 2026
EXECUTIVE SUMMARY
Despite the S&P 500 reaching a record high on August 4, Michael Burry continues to hold his short positions on Nvidia, Tesla, and Palantir, suggesting a potential market crash reminiscent of 1987.
Despite the S&P 500 reaching a record high on August 4, Michael Burry continues to hold his short positions on Nvidia, Tesla, and Palantir, suggesting a potential market crash reminiscent of 1987.
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