Steve Eisman (of The Big Short) has recently taken to CNBC to warn investors about the state of the stock sector in 2024, including why he believes loan charge rates are likely going to stay higher for longer. He also discusses the AI hype in the sector and whether investors should consider the magnificent 7 shares in 2024.
Introduction to Stock examination can be found here:
https://newmoney.education/
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★ ★ CONTENTS ★ ★
0:00 Eisman’s Thoughts On loan charge Rates
5:10 A Repeat of the 1970s
6:43 Why The Fed Won’t Lower Rates
7:42 The U.S. Debt Problem
9:52 Ray Dalio vs Steve Eisman
12:00 Will AI Power Stock Returns in 2024?
14:50 Steve’s Opinion on the Magnificent 7
My Podcast: https://www.youtube.com/c/TheYoungInvestorsPodcast
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