‘The Big Short’ Investor Michael Burry Says Stock Market’s Unusually Long Stretch Without a Broad Selloff Could Be a Warning Sign — And He Has One Simple Message for Investors: ‘Avoid the Leverage’ (UPDATED)

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Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

‘The Big Short’ investor Michael Burry said Wednesday that the stock market’s unusually long stretch without a broad-based selloff is a warning sign that a reversal could be building beneath the surface.