"Big Short" Burry Issues Another US Stock Warning: If the "Magnificent Seven" Follow the Decline and Bond Yields Fall, Wall Street May Face a "Bloody October"

Zhito Finance APP has learned that investor Michael Burry, known for accurately predicting the 2008 subprime mortgage crisis, warned that the market's pain trade may continue. The real-life inspiration for the film "The Big Short" laid out a bearish "Bloody October" scenario: if the "Magnificent Seven" U.S. stocks follow semiconductor shares lower, and bond yields decline in tandem, then his conviction in this scenario will become even stronger. He said in a Substack chat: "When it comes to the pain trade, my view is that the pain trade turns into the fatal trade, because they tend to last a long time."