Burry Predicts Inflation Resurgence After Recent Decline

Michael Burry predicted inflation would spike again after declining in 2022. Prices jumped in February and March after slowing last year.

Burry first warned of inflation risks in April 2020 when prices were flat. Inflation later hit 40-year highs before cooling.

In January 2023 Burry forecast inflation would fall but then surge again, tied to recession, rate cuts, and stimulus.

While his recession call was wrong so far, inflation has ticked up lately potentially due to solid consumer spending and jobs growth.

Burry rose to fame betting against the mid-2000s housing bubble, as featured in "The Big Short" book and movie. He's made various contrarian market calls since.