Will Passive Funds Create the Next Market Bubble?
September 05, 2019 at 10:41 AM EDT
In 2008, it was subprime mortgages coupled with lax lending procedures, but is the next market bubble on the horizon due to inflated stock and bond prices stemming from the proliferation of passive funds? That’s what Michael Burry of Scion Asset Management is foreseeing after his successful bet on...