{"id":534440,"date":"2023-01-03T18:38:06","date_gmt":"2023-01-03T15:38:06","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/big-short-investor-michael-burry-warns-another-inflation-spike-is-coming\/"},"modified":"2023-01-03T18:38:06","modified_gmt":"2023-01-03T15:38:06","slug":"big-short-investor-michael-burry-warns-another-inflation-spike-is-coming","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/big-short-investor-michael-burry-warns-another-inflation-spike-is-coming\/","title":{"rendered":"#&#8217;Big Short&#8217; investor Michael Burry warns &#8216;another inflation spike&#8217; is coming"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3fd1bdcce30\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3fd1bdcce30\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/big-short-investor-michael-burry-warns-another-inflation-spike-is-coming\/#%E2%80%9C%E2%80%98Big_Short_investor_Michael_Burry_warns_%E2%80%98another_inflation_spike_is_coming%E2%80%9D\" >&#8220;&#8216;Big Short&#8217; investor Michael Burry warns &#8216;another inflation spike&#8217; is coming&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9C%E2%80%98Big_Short_investor_Michael_Burry_warns_%E2%80%98another_inflation_spike_is_coming%E2%80%9D\"><\/span>&#8220;&#8216;Big Short&#8217; investor Michael Burry warns &#8216;another inflation spike&#8217; is coming&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>Hedge fund wizard Michael Burry kicked off the new year with another dire prediction about the US economy, warning this week that a recession is already underway and another spike in inflation is likely in the near future.<\/p>\n<p>Burry, the CEO of Scion Asset Management who rose to national prominence after being featured in the 2015 film \u201cThe Big Short,\u201d has repeatedly cautioned about lingering economic trouble over the last year as inflation soared and markets tanked.<\/p>\n<p>In his latest warning, Burry suggested that inflation, which has cooled in recent months, will surge again whenever the Federal Reserve decides to cut its benchmark interest rate. The next meeting is slated for Jan. 31.<\/p>\n<p>\u201cInflation peaked. But it is not the last peak of this cycle,\u201d Burry tweeted on Sunday. \u201cWe are likely to see CPI lower, possibly negative in 2H 2023, and the US in recession by any definition.<\/p>\n<p>\u201cFed will cut and government will stimulate. And we will have another inflation spike. It\u2019s not hard,\u201d Burry added.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>The Federal Reserve implemented a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of sharp interest rate hikes last year in an effort to cool decades-high inflation and signaled that more increases are in store in early 2023. Inflation rose by 7.1% in November \u2013 the lowest rate of increase in a year.<\/p>\n<p>Last month, Fed Chair Jerome Powell signaled policymakers hadn\u2019t made any decision on the size of its next interest rate bump \u2013 though he reiterated the bank will keep hiking rates and hold them in restrictive territory for some time to ensure prices have cooled before <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roving any cuts. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/09\/michael-burry-69-2.jpg?w=1024\" alt=\"Michael Burry\" class=\"wp-image-24074822\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/09\/michael-burry-69-2.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/09\/michael-burry-69-2.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/09\/michael-burry-69-2.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Michael Burry is head of Scion Asset Management.<\/figcaption><figcaption><span class=\"credit\">Bloomberg via Getty Images<\/span><\/figcaption><\/figure>\n<p>In November, Burry argued the US economy was essentially doomed to a \u201cmulti-year recession\u201d because the Fed lacked any good options to avoid a downturn.<\/p>\n<p>The Scion boss has also warned that current conditions would be \u201cworse than 2008\u201d in a reference to the financial calamity seen during the Great Recession. Burry became famous for betting against the housing market just before its collapse in that cycle.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/michael-burry-big-short-2010.jpg?w=1024\" alt=\"Michael Burry\" class=\"wp-image-24679477\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/michael-burry-big-short-2010.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/michael-burry-big-short-2010.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/michael-burry-big-short-2010.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Michael Burry repeatedly warned of worsening economic conditions.<\/figcaption><figcaption><span class=\"credit\">Bloomberg via Getty Images<\/span><\/figcaption><\/figure>\n<p>Burry is an enigmatic presence on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, where he has more than 1.2 million followers and references his economic doomsaying by using the nickname \u201cCassandra.\u201d The hedge fund chief typically deletes his tweets shortly after they are posted, but there are multiple accounts that save and repost his messages.<\/p>\n<p>Last month, Burry abruptly deactivated his Twitter account entirely, though he returned to the platform within days.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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Burry, the CEO of Scion Asset&#8230;<\/p>\n","protected":false},"author":1,"featured_media":534441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/09\/michael-burry-69-2.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[137929,5069,70550,72667,91261,127640,127049],"class_list":["post-534440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-1-3-23","tag-economy","tag-federal-reserve","tag-investors","tag-recession","tag-the-big-short","tag-the-fed"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/534440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=534440"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/534440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/534441"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=534440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=534440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=534440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}