Burry SP500 going to 1800? WTF?

[wastelands]

It certainly seems that way.

Another 35 - 60% correction in stocks is not the end of the world.

.

On the contrary...nice opportunity in this new era of leverage..

 

[David's faith]

I say the Fed has already placed a soft put under the market (thats why we closed still above -20% from ATH this week) and they will immediately turn it into a hard put if necessary. They want a deflation of the vubble, not a crash.
Burry still lives in the world pre 2008 where the Fed doesen't step in if the bubble bursts.

 

[Jzwu2017]

The problem is not Fed doesn’t come to the rescue, but it has much less effective tools now at its disposal with inflation running high.