The 'Big Short' hero's move might be premature, suggests crypto analyst
The discussion becomes even more intriguing when we look at the expected trajectory of the DXY . There is a prevailing sentiment that it is just a matter of time before the DXY plunges, which would consequently elevate risk assets. But this anticipated boost could very well be the"final leg up" before the market undergoes a profound correction.
In the past, Michael Burry has displayed an uncanny ability to read the signs and act decisively, even if ahead of the curve. His enormous short bet against the U.S. housing bubble in the mid-2000s is now the stuff of legend and was famously chronicled in the movie"The Big Short." But it is also worth noting that such foresight is often accompanied by a period of waiting and, at times, facing skepticism.
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