

The Midterms Have Changed the AI Narrative: S&P Down 4.4%, Nasdaq Down 5.5% | The Weekly Wrap
Sign up for The Real Eisman Playbook Premium at http://www.steveeisman.com/ On this episode of The Weekly Wrap, Steve Eisman explains how the Democratic sweep of Congress in the midterms has shifted the AI narrative again, triggering a Thursday selloff in which the S&P fell 4.4% and the Nasdaq 5.5%. He also covers a…

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“I would like to see some more panic. Flush out all the trash in the system.”
“Just remember a problem in the market does not mean that peoples life will definitely get worse or even is a bad thing, especially if it is concentrated in the AI field.”
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“The problem with putting all your eggs in one basket is that when something falls on the basket you don't have any eggs left.”
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