Hello, fellow rebel capitalists, hope you're well.

Happy New Year to everyone.

Michael Burry on Twitter is posting some predictions for 2023.

Let's get right into them and they may sound slightly familiar to some of you.

Let's shoot over there.

I've just tweeted someone's been watching my videos.

Now obviously I'm joking.

I don't think Michael Burry is watching my whiteboards, but who knows?

Who knows?

Maybe he is.

I think you guys will definitely, this tweet will sound familiar to you.

So he says inflation has peak, but it is not the last peak of the cycle.

We are likely to see

CPI lower, possibly even negative in the second half of 2023,

and the US in recession by any definition.

I think that's kind of a little bit of a jab at the Biden administration,

which you guys know changed the definition of or disputed the definition of or disputed the

of inflation or excuse me a recession back when we had two consecutive

quarters of negative real GDP he goes goes on to say, Fed will cut and

government will stimulate and we will have another inflationary spike. It's not

hard. And again for you guys who watch my channel quite a bit, you know that this has just kind of been my base case for, boy, it seems like over a year now. But it's really that you get some disinflation because whether you look at the 1970s or the 1940s,

inflation never goes up in a straight line.

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