Michael Burry, widely known for his role in the prediction of the 2008 subprime mortgage crisis and the collateralized debt obligations bubble, now predicts the same fate for Index funds and ETFs.
The Big Shot’s hero has indicated that the massive inflow into the ETF market precedes a crisis that could cripple the entire system in the long run. The contrarian explained that the influx of index funds is now affecting the prices of stocks and bonds, creating a bubble that could adversely affect the market investors at some point.
He also pointed out the risks that could be faced in this case – which we attempt to explain in a few steps through this [...]
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Our reviews cut across various topics — Bitcoin exchanges, trading bots, trading signal providers and digital banking — in a bid to guide our readers into making educated decisions regarding their investments in the investing sphere. Just like our name, we aim to present smart investment options to our community. We find this necessary because the cryptocurrency and the investment world is ridden with cynicism. Many [...]
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