Investing
Michael Burry's ‘Sell’ Tweet Goes Unheeded After Powell Comments
The investor who famously bet against the housing market ahead of the 2008 crash is known for his dire predictions.
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Michael Burry had a simple directive for traders: sell.
While it’s impossible to know exactly what he meant, a one-word tweet posted Tuesday night by the founder of Scion Asset Management tapped into the anxiety among market-watchers ahead of Wednesday’s Federal Reserve rate decision.