The S&P 500 just hit a new high. ‘Big Short’ investor Michael Burry thinks it could bring a 1987-style fall.

The S&P 500 recently reached a new high, but investor Michael Burry warns this surge could lead to a 1987-style fall. Despite the market's upward movement on Tuesday, Burry maintains his bearish views on tech stocks. He refuses to cover his bets, suggesting that the current market peak may precede a sharp correction. The famed investor advises caution as the index continues to climb, remaining steadfast in his pessimistic outlook for the sector.