Michael Burry has built a reputation for asking the question Wall Street doesn’t want to hear: What if everyone is wrong?
The investor became famous for betting against the housing market before the 2008 financial crisis. Now he’s warning that today’s artificial intelligence boom bears uncomfortable similarities to previous market bubbles.
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Picture a longtime liquor sales representative whose distributor collapses while owing him roughly $80,000 in commissions. At 63, he retires, files for Social Security early, and picks up a little part-time work to stay busy.
Walmart (WMT -0.39%) stock had been on an incredible run until recently. The Dividend King, which has raised its dividend annually for the past 53 years, had been beating the market as investors bought into its safety and reliability.
That came to an abrupt end earlier this year when management cautioned that momentum may be slowing down.
Government bond yields across the US, UK, and eurozone hit their highest levels of the month in mid-August 2026, driven not by Fed policy shifts but by inflation fears stoked by geopolitical instability. Brent crude surged to roughly $90 per barrel after US-Iran peace negotiations stalled, climbing 2.6% in a single session and approximately 13% over the preceding week.
» Read more about: Bonds face bigger threat than Federal Reserve as global rates climb »
When you were younger, you might have thought of retirement as a time of freedom, a reward after a long career. But now you’re there, and it feels anything but rewarding. You’re living on a fixed income with no idea how long that money has to last you, and you’re scared that Social Security will be cut by 22% in just a few years.
Gold and silver prices are expected to remain positive next week, although elevated volatility is likely to persist amid developments in West Asia and key global economic data, analysts said.
Market participants will track US housing and trade data, inflation figures from the UK, Eurozone, and Japan, as well as China’s economic indicators for cues on industrial metals.
Millions of Americans worry that Social Security won’t be there when they retire. The Social Security trust funds are projected to run short of reserves in the coming years. If Congress doesn’t act before then, incoming revenue could cover only about 78% of scheduled benefits, effectively resulting in benefits about 22% below scheduled levels.
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A law signed by former President Joe Biden unlocked higher Social Security payments for 3.2 million people who worked as police officers, firefighters, teachers and other public servants across the country, according to The Hill (1).
Coca-Cola’s wide economic moat supports its staying power, which means dividend payouts well into the future.
The beverage giant operates a lucrative business model, posting a 35% operating margin in Q2.
Despite numerous CEOs over the past several decades,