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MICHAEL BURRY WARNS 56% CRASH TO THE S&P 500
Hello everyone, I am Daniel Pronk and in todays video I discuss Michael Burry’s tweet where he says the S&P 500 could crash 56% down to a P/E ratio of only 9. In this video, I explain why I think this is not going to happen, and what would actually have to take place for stocks to crash that dramatically.
In this video we discuss bond yields, the FED, interest rates, and all that fun stuff, as well as if the stock market will crash anytime soon.
Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don’t invest money you can’t afford to lose. There are no guarantees or certainties in trading or investing.
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