sightMARKET OUTLOOK•Oct 6
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S&P 500 hits 7,835 as Michael Burry says denial could last nine months
Record High
The S&P 500 hit a new all-time high of 7,835 even as Michael Burry said the market is still in a denial phase. Its total market capitalization also moved above $71 trillion, putting the warning directly against another record-setting session.
Burry’s comparison is based on the 2000 dot-com crash and the 2008 financial crisis, when he said denial lasted six to nine months. That is a historical comparison, not a precise timing model, but it frames the current rally as a market that can keep rising while the warning remains unresolved. The S&P 500 crossed 7,835 on October 6, 2026.
The S&P 500 hit a new all-time high of 7,835 even as Michael Burry said the market is still in a denial phase. Its total market capitalization also moved above $71 trillion, putting the warning directly against another record-setting session.
Burry’s comparison is based on the 2000 dot-com crash and the 2008 financial crisis, when he said denial lasted six to nine months. That is a historical comparison, not a precise timing model, but it frames the current rally as a market that can keep rising while the warning remains unresolved. The S&P 500 crossed 7,835 on October 6, 2026.
Timeline2
Oct 6
Michael Burry said the stock market was in a denial phase comparable to 2000 and 2008.
Oct 6
The S&P 500 reached 7,835, a new all-time high, while its market capitalization exceeded $71 trillion.
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Oct 6