Dear Reader,

It may seem like a silly question...

But billionaire "Big Short" investor, Michael Burry, just did exactly that – betting more than $1.6 billion (more than 90% of his portfolio) that the S&P 500 and Nasdaq 100 will crash.

And there's a very good case being made right now that he's about to lose a LOT of money.

Regardless of what you believe about the economy, monetary policy, the dollar, and our country's ability to pay our debts, the simple fact is...

Nailing the precise timing on bets like this can be very difficult.

So, why is Burry picking this moment to bet big against the markets?

Well, Burry became famous for betting against the banking industry.

And with the collapse of several regional banks like Silicon Valley Bank back in March, I'm sure Burry has been waiting for the perfect moment to make big bets against banks again.

But there's at least one analyst who correctly predicted this year's bank runs five months in advance, who says Burry will be wrong on this one.

With all the news over the past few weeks about rating agencies downgrading a swath of new banks over liquidity concerns, I'm sure Burry decided this was the perfect moment to place an irresistible big bet against the banks.

But before you consider following Burry into this bearish bet, I recommend you first watch this video.

Marc Chaikin is probably the first analyst I know of to call the beginning of the new bull market way back on January 17 of this year.

And he's the only financial analyst we know of anywhere to accurately predict a "run on the banks in 2023" a full 5 months in advance.

So, if anyone can correctly predict what will happen to banks next, my money is on Marc.

Luckily, he recently filmed an update to his Bank Crisis Briefing, which is still available for a limited time...

Click here to watch it today.

Good investing,

Brett Eversole