Michael Burry warns stock market supervolcano risks prolonged bear market

Michael Burry warns that the stock market faces a prolonged bear market, comparing current conditions to a supervolcano with hidden pressure building beneath a calm surface. He argues that market breadth is shrinking, fewer stocks are driving the S&P 500 higher, and historical data shows inflation-adjusted returns have turned negative multiple times over the last century. Burry draws parallels to 2000 and 2008 market tops, suggesting investors are in a denial stage similar to those periods.