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Michael Burry Warns of Potential Major Stock Market Decline on August 4 as S&P 500 Hits Record High

2026-08-05 21:01:31

US500-0.12%

According to CNBC, on August 4, investor Michael Burry warned of potential major stock market decline in a Substack post. The investor, known for predicting the 2008 global financial crisis and serving as a model for the film "The Big Short," stated "we may still be near a major top." The warning comes as the S&P 500 index reached an all-time high.

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