{"id":68940,"date":"2025-05-25T08:30:14","date_gmt":"2025-05-25T08:30:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=68940"},"modified":"2025-05-25T08:30:14","modified_gmt":"2025-05-25T08:30:14","slug":"big-shorts-michael-burry-bets-on-lipstick-to-combat-recession","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=68940","title":{"rendered":"Big Short\u2019s Michael Burry Bets on Lipstick to Combat Recession"},"content":{"rendered":"<p>Michael Burry, known for predicting the subprime mortgage crisis in 2008, sold a major portion of his holdings during Q1 to focus on a single cosmetics stock: Est\u00e9e Lauder. Analysts believe Burry expects a recession, based on the notion that makeup purchases tend to increase during economic downturns as consumers\u2019 spending habits shift. Michael Burry [\u2026]<\/p>","protected":false},"excerpt":{"rendered":"<p>Michael Burry, known for predicting the subprime mortgage crisis in 2008, sold a major portion of his holdings during Q1 to focus on a single cosmetics stock: Est\u00e9e Lauder. Analysts believe Burry expects a recession, based on the notion that makeup purchases tend to increase during economic downturns as consumers\u2019 spending habits shift. Michael Burry [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":68941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-68940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/68940"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68940"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/68940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/68941"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}