The AI Trade, Rising Rates, and Why the Market Is Still Standing | The Real Eisman Playbook Ep 73

“GDP growth of 1.5% is not an economy that is "expanding pretty rapidly", particularly when half of that is speculative AI capex. Negative job growth with a downward six-month trend is not a "pretty good" economy.”

“What I find amazing in these interviews/conversations is how much macro information the participants possess, but they have no idea what equities will do in the near future, with even less knowledge of equities' moves in the more distant fu…”

“The stock market has ETF’s, S&P, private equity, Mutual Funds, etc. which are all set up to avoid paying taxes on trades. This has created unnecessary volatility and the Federal Reserve forecast has encouraged enlarged P/E of over a hundred…”

“Great interview - I would love to see these two on the podcast more often. Unlike many other guests who seem to be pushing biased narratives - this interview was refreshing. As always I appreciate your input and the way you steer the discus…”