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'Big Short' Investor Michael Burry Predicts Recession, Inflation

Michael Burry, the investor made famous for his bets on the 2008 subprime mortgage collapse by the movie The Big Short, has issued a bleak forecast for the year ahead. So reports TheStreet.

arrow 15544 640smallBurry said on Twitter that the U.S. economy will likely be in a recession “by any definition” in 2023.

After the looming recession, Burry projected, central bankers and lawmakers will work to stimulate the economy, which will produce “another inflation spike.”

Read the full article from TheStreet.

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