Welcome to Markets Desk, here's what's moving markets right now.
Michael Burry is pressing his bearish case with conviction. The Big Short investor doubled his put position on the Nasdaq-one hundred and rebuilt part of a put position in a semiconductor ETF, citing Nvidia's leadership turmoil as the catalyst. After quadrupling his Caterpillar puts, he cut those by seventy-five percent and rotated the pressure into tech.
Shifting to crypto, Bitcoin slipped below sixty-four thousand dollars over the weekend as bullish bets were forcibly unwound. Long liquidation events were recorded below sixty-six thousand, suggesting leveraged longs got caught offsides. The move reflects fragile positioning rather than any single macro trigger, with sentiment turning cautious heading into the week.
And in Southeast Asia, Indonesia's President Prabowo Subianto is redrawing the country's investment architecture. His sovereign vehicle Danantara is leading strategic joint ventures designed to channel foreign capital into national priorities, including the country's significant waste management crisis, signaling a more assertive posture toward how outside money enters the economy.
That's the tape. Markets Desk, signing off the floor.
