Back to Articles
Basic
The Big Short - Michael Burry Says It's the 1999 Bubble All Over Again
He's Half Right - And Half Wrong in Ways That Matter More.
May 12, 2026EverVests Insight
On May 8, two things happened simultaneously that should not be able to happen simultaneously.
The S&P 500 hit an all-time high. The University of Michigan Consumer Sentiment Index hit an all-time low.
Same day. Same market.
That morning, Michael Burry published one sentence on Substack that landed on every financial news desk in America: “Feeling like the last months of the 1999–2000 bubble.”
He followed it up on May ...
Sign In to Continue
This article is available to all EverVests members with a Basic subscription or higher.
Sign in to your account or start a membership to access this content.
Already a member?