“Everyone’s ready for something bad to happen, and there’s clearly heightened fears that the bubble will pop,” Cupkovic said in a recent interview.
stock market crash
The US stock market is firmly in “fire” territory with a current Buffett indicator reading of 208%.
Burry compares the hype around bitcoin and meme stocks to infamous market bubbles of the past, warning that the stock market is “dancing on a knife’s edge.”
The index fell 30% over 22 days, the shortest duration on record.