The US “will have another inflation spike,” Michael Burry says – Investment Watch

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The US “could have one other inflation spike,” Michael Burry says t.co/meIubiS6NI

— Win Good, CFA (@WinfieldSmart) January 2, 2023

Inflation peaked. However it’s not the final peak of this cycle. We’re more likely to see CPI decrease, presumably unfavorable in 2H 2023, and the US in recession by any definition. Fed will reduce and authorities will stimulate. And we could have one other inflation spike. It isn’t exhausting.

— Cassandra B.C. (@michaeljburry) January 2, 2023