'Big Short' investor Michael Burry predicts a US recession and inflation spike in 2023

Jan 2 2023 by Business Insider

 
Michael Burry.

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Michael Burry said he expects the US to slump into recession and inflation to spike in 2023. The "Big Short" investor predicted inflation would decline overall in 2023 as the economy weakened. The Fed and US government would respond with stimulatory policy, causing inflation to jump again, he said.

The US economy is poised to suffer a recession and an inflation spike in 2023, Michael Burry has said.

The investor of "The Big Short" fame, known for his...

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