Anybody who was paying attention during the great financial crisis knows Michael Burry's name...  After all, he's the guy who "called" it.

Michael Burry Might Actually Be Right This Time By Vic Lederman, publisher, Chaikin Analytics Anybody who was paying attention during the great financial crisis knows Michael Burry's name...  After all, he's the guy who "called" it. By betting against the U.S. housing market, Burry made himself a fortune. He personally pocketed roughly $100 million dollars. And his firm, Scion Capital, made out with close to $800 million. So it's no wonder Hollywood made a movie about it. Burry has earned his status as a "cult legend" in the world of finance. But after that win... things get complicated. In the nearly 20 years since, Burry has made a lot of public warnings. And almost all of them have pointed to a looming disaster. By my count, he has predicted far more crashes than have actually happened.  Almost any time there's something big happening in the markets, the media rolls Burry out. Over the years, he has "sounded the alarm" on everything from index funds to bitcoin to Tesla and semiconductors. So it's fair to be skeptical. After all, Burry has cried "wolf" plenty of times. But here's the thing – a skeptic isn't the same as a fool... In the case of 2008, he saw what few others did. He untangled a web of phony credit ratings and the hidden bad loans buried inside the housing market. Put simply, it was brilliant, genius work. And today, he's pointing at something he believes is equally dangerous... Recommended Links: The Mag 7 Are Losing to the S&P 500. Here's Why... The AI boom is showing its first stress cracks since 2023. On October 15, Marc Chaikin and Joe Austin will reveal a new emerging crisis – and how to position your money immediately. Get the details here. A Multimillion-Dollar Dream House – Paid for With a SINGLE Trade... Gabe Marshank's house was just featured in Architectural Digest due to his wife's impeccable decorating. But it's how Gabe, an analyst at our corporate affiliate Stansberry Research, paid for the house that really matters. Let him welcome you in and show you how it's done... Click here for more details. It's called "circular financing." That's the industry term for the games that AI companies are playing with each other. And it's more dangerous than it initially sounds. Take semiconductor manufacturer Broadcom (AVGO), for example. The company just lent Anthropic $42 billion... to lease chips from Broadcom. Read that again – company A hands company B cash so that company B can buy A's products. If that sounds backward to you... Well, that's because it is. There's more complexity under the hood with future stock options and other financial wrinkles. But at the end of the day, it's still "circular financing." Burry is warning investors that this is a real problem. He says it's "poison to the... free Republic." And that "the shenanigans are apparent today for those that care to look." Put simply, there's a real chance he's right. The man is a bloodhound when it comes to sniffing out bad debt. And now, he's back to doing exactly what he does best. This time, people are paying attention. But the harder question is what to actually do about it. Fortunately, you don't have to figure it out alone... A Way Through the Storm My colleague Joe Austin is tackling this problem head-on... Next Thursday, October 15 at 10 a.m. Eastern time, Joe is going live on camera. In his presentation, he'll be sharing exactly what you need to do to prepare for the major calamity that's coming. This presentation is free to attend – you just need to sign up in advance here.  You see, as investors, we need to be proactive... We already know there's a problem. As Burry put it, anyone who cares to look can see what's happening. Now, we have to do more than just survive the upheaval ahead. We also have to come out ahead of it. Burry may well be right. And now is the time to prepare. Good investing, Vic Lederman Market View Major Indexes and Notable Sectors     # Hld:     Bullish     Neutral       Bearish Dow 30 +0.12% 7 15 8 S&P 500 -0.42% 83 246 166 NASDAQ -1.34% 26 46 26 Small Caps -0.05% 363 1085 445 Bonds +0.93%   Oil, Gas and Consumable Fuels +2.79% 23 25 3 — According to the Chaikin Power Bar, Large Cap stocks are more Bearish than Small Cap stocks. Major indexes are mixed. *  *  *  * Sector Tracker Sector movement over the last 5 days Energy +4.05% Staples +3.85% Utilities +3.50% Discretionary +2.67% Communication +1.94% Materials +1.50% Financial +1.44% Health Care +1.18% Real Estate +0.42% Information Technology -0.02% Industrials -0.14% *  *  *  * Industry Focus Bank 3 82 16 Over the past 6 months, the Bank subsector (KBE) has underperformed the S&P 500 by 13.12%. Its Power Bar ratio which measures future potential is Very Weak, with more Bearish than Bullish stocks. It is currently ranked #17 of 21 subsectors and has moved down 4 slots over the past week. Indicative Stocks CBU Community Financial System, Inc. FFIN First Financial Bankshares, Inc. GBCI Glacier Bancorp, Inc. *  *  *  * Top Movers Gainers CSGP +8.01% CMG +6.21% GDDY +6.15% ACN +5.96% IT +5.19% Losers COHR -9.63% GLW -6.38% VST -6.35% LITE -5.62% ORCL -5.48% *  *  *  * Earnings report Earnings Surprises PEP PepsiCo, Inc. Q3 $2.34 Beat by $0.04 *  *  *  * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, click here. You're receiving this e-mail at reditudo@gmail.com. For questions about your account or to speak with customer service, call +1 (877) 697-6783 (U.S.), 9 a.m. - 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. Please note: The law prohibits us from giving personalized financial advice. © 2026 Chaikin Analytics, LLC. All rights reserved. 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