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3232Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming
https://www.digit.info/michael-burry-compares-current-banking-turmoil-to-panic-of-1907-highlights-markets-bottoming/
Thu, 16 Mar 2023 04:20:06 +0000https://www.digit.info/2023/03/16/michael-burry-compares-current-banking-turmoil-to-panic-of-1907-highlights-markets-bottoming/Read more]]>Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved and the markets bottomed. “A stand was made this past weekend,” the famous investor […]
Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved and the markets bottomed. “A stand was made this past weekend,” the famous investor […]