Noted investor Michael Burry, known from "The Big Short," has issued a new market warning. His advice comes as stock markets continue to push to record highs.
Burry suggests that investors should significantly reduce their holdings in any stocks experiencing "parabolic" growth. He indicates a belief that the market may be nearing a significant downturn, observing what he describes as "bubbles."
Burry is reportedly betting against artificial intelligence stocks. He is also said to be increasing his positions in other unspecified stocks. This is a developing story and will be updated as details emerge.
