---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000836348.md"
description: "Michael Burry says the stock market is "near a major top, and we could see a drop similar to 1987." Do you agree?My opinion : Most major markets are trading close to record highs now, except HK stock market. Future gains will have to come mainly from earnings growth and not from valuations that are getting more expensive now.Invest carefully or look to gold or REITs  as an alternative.😆"
datetime: "2026-08-05T04:16:28.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000836348.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000836348.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000836348.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# Michael Burry says the stock market is "near a…


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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**