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Stock impact report

'Big Short' investor Michael Burry says markets are missing a trick as the Venezuela raid just 'changed the game' [Business Insider]

Baker Hughes Company (BKR) 
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Michael Burry says markets aren't pricing in the longer-term impacts of the US raid on Venezuela. The "Big Short" investor wrote on Substack that the "game just changed" for global energy. Burry said the US economy stands to benefit while China, Russia, Canada, and Mexico may lose ground. Michael Burry says the US raid on Venezuela is a much bigger deal than the markets' muted reaction suggests. The investor of "The Big Short" fame, who recently pivoted from running a hedge fund to writing on Substack , published a post early Monday saying the "game just changed" in the mid to long term, and "markets are not pricing in all that may come of this weekend's events." Benchmark oil prices climbed less than 1% on Monday, and US stock futures opened higher, after the US captured President Nicolás Maduro over the weekend and President Trump said Show less Read more
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