Michael Burry Warns of 1987-Type Crash as S&P 500 Hits Record High

Michael Burry warned that US stocks may be near a major top and could suffer a 1987-type crash, even as the S&P 500 posted its first record close since June on Tuesday. The investor, known for predicting the 2008 housing collapse, made the call in a Tuesday Substack post titled “Trading Post August 4, 2026 The post Michael Burry Warns of 1987-Type Crash as S&P 500 Hits Record High appeared first on BeInCrypto.