Is it the point when the market cracks, or bulls push even harder?
Michael Burry is pulling the plug on his funds after years spent arguing that valuations had drifted far beyond reason. And his departure lands at a tense moment: tech is finally wobbling, short bets are climbing and investors are waking up to the fact that the Fed will make its December call without the full set of data. Yields look poised to climb, nerves are tightening and markets that once floated on AI-driven optimism suddenly feel like they’re bracing for something heavier.
The dollar is sliding even as expectations stay hawkish, the yen is stuck defending the 155 line, and...