A new report from the Consumer Federation of America (CFA) found that Americans owe a record $1.66 trillion in auto debt [1].
“Walmart emerges as a paradoxical force: a corporate colossus that funnels tens of billions of U.S. dollars in Supplemental Nutrition Assistance Program (SNAP) benefits into its coffers annually, even ...
Michael Burry isn’t afraid to go against the herd. The hedge fund manager famously bet against the U.S. housing market ahead ...
Zombie companies are back — and theyre multiplying fast. Across America, 639 firms cant even pay their interest bills anymore. These “zombie companies,” tracked by Bloomberg through the Russell 3000 ...
Michael Burry, famed for predicting the 2008 crisis, has invested $1.1 billion against Nvidia and Palantir, warning of an ...
By Jayati Ghosh As stock markets hit record highs, rising financial fragility is setting off alarm bells across the United States and Europe. The International Monetary Fund has recently echoed these ...
Construction output is on its longest period of continuous decline since the global financial crisis in 2008 with the latest ...
Construction output is on its longest period of continuous decline since the global financial crisis in 2008 with the latest ...
Burry, the famous Scion Asset Management chief, has also returned to X after a two-year hiatus to sound the alarm on the AI ...
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Investor who predicted 2008 financial crisis comes up with another prediction — this time against AI
Shortly after sharing the posts, Burry's Scion Asset Management disclosed that it placed bets against two AI giants, Nvidia ...
Burry’s move adds fuel to growing concerns that AI’s skyrocketing stock valuations are unsustainable. While Palantir posted ...
Michael Burry became famous after predicting the 2008 financial crisis, and now the hedge fund manager has issued a sort of ...
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