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Michael Burry says the market today feels like 'the last months of the 1999-2000 bubble'

By CNBC May 08, 2026 Bearish
Michael Burry says the market today feels like 'the last months of the 1999-2000 bubble'
Michael Burry, best known for predicting the U.S. housing crash, said stocks are no longer reacting logically to economic data. "Stocks are not up or down because of jobs or consumer sentiment," Burry wrote.
Michael Burry, best known for predicting the U.S. housing crash, said stocks are no longer reacting logically to economic data. "Stocks are not up or down because of jobs or consumer sentiment," Burry wrote.