Person
Steve Eisman
Host, The Real Eisman Playbook
Bank Earnings Just Gave the Market a Much Needed Confidence Boost | The Weekly Wrap
Steve Eisman argues that bank earnings were broadly strong and not signaling recession, with benign credit quality and powerful trading and investment banking results. He also highlights AI-driven infrastructure pressure, Circle’s stablecoin economics, PayPal’s competitive challenges, and several notable non-bank earnings misses and beats.
AI Dominates Economy and Markets with Torsten Slok | The Real Eisman Playbook Ep 68
Torsten Slok argues the U.S. economy is being propped up by an unusually large AI capex boom, reindustrialization, and tax-cut-driven consumer support, but that the benefits are unevenly distributed in a K-shaped economy. He also says the Fed is unlikely to cut, AI spending is becoming more capital intensive, and markets are increasingly concentrated in AI across equities, credit, and venture capital.
Why the Entire Market Is Now a Single Bet on AI | The Weekly Wrap
Steve Eisman argues that AI has become the dominant driver of both U.S. growth and market returns, leaving diversification largely illusory. He also comments on Circle’s drop after a stablecoin consortium announcement, Nike’s mixed quarter, and answers mailbag questions about his own portfolio and reading habits.
Who Wins the Midterms & What It Means for Markets with Dan Clifton | The Real Eisman Playbook Ep 67
Dan Clifton says the 2026 midterms are being shaped by Trump’s tariff-driven drop in economic approval, making a Democratic House flip likely and the Senate the key market battleground. He also argues tariffs have shifted from headwind to tailwind, the Fed is really debating balance-sheet shrinkage under Kevin Warsh-style thinking, and AI/data centers may become a major political and market issue.
The Market's Biggest Warning Signs Right Now with Todd Sohn | The Real Eisman Playbook Ep 66
Todd Sohn argues that charts and ETF flows now tell a story of extreme market concentration, with semiconductors still leading while software and several mega-cap tech names look weaker. He also warns that ETFs, especially leveraged and thematic products, have become a dominant market structure force that can hide how concentrated portfolios really are.
The Q2 2026 Report Card: Who Won, Who Lost, and Why | The Weekly Wrap
Steve Eisman’s Q2 wrap argues the quarter’s winners were AI infrastructure plays, especially semiconductors, while software and consulting stocks were punished as investors priced in AI disruption and hyperscaler capex intensity. He also reviews volatility in SpaceX, bad news for Google and Nike, a strong GEV power-demand setup, and closes with a critique of Greenspan plus a Europe regulation mailbag answer.
The Real State of the American Consumer w/ Three Evercore Analysts | The Real Eisman Playbook Ep 65
Steve Eisman and three Evercore analysts argue that the American consumer is increasingly split: high-income households are still spending, but the middle and lower end are under pressure from inflation, gas prices, and price shock. The episode also covers AI in retail, Nike’s channel missteps, packaged food headwinds from GLP-1s and wellness trends, and winners like Walmart, Costco, Ralph Lauren, and parts of casual dining.
Anthropic Gets Shut Down By the Government and the AI Story Gets More Complicated | The Weekly Wrap
Steve Eisman says the Anthropic government setback underscores how AI companies are colliding with regulation and geopolitics. He then argues the AI boom is still real, but the economics are shifting toward a capital-intensive, winner-take-less-all infrastructure race.