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US Business · cnbc.com · Wednesday, 5 August 2026

Michael Burry warns S&P rally could end in a 1987‑type crash

Burry told his Substack followers the market may be near a major top and could tumble like the 1987 crash, even as the S&P 500 posts fresh records. He’s still shorting chips, Nvidia, Tesla and other names, arguing volatility‑driven leverage could magnify a sell‑off.

Read the source: cnbc.com ↗In the 5 August issue →