The market's shift from performance chasing to a flight to safety amid signs of stress is analyzed, noting the software subsector's 20% decline due to AI fears and the staples sector's 13% rise. Negative news in private equity, particularly Blue Owl restricting withdrawals, highlights duration mismatches and potential industry-wide issues. The pending acquisition of Warner Bros. by Paramount is discussed, with Eisman suggesting Netflix might benefit from not winning the deal. Earnings reports from companies like NVIDIA, Palo Alto Networks, Global Payments, Moody's, Carvana, and Walmart reveal trends in AI, software, payments, and consumer behavior. Eisman also addresses listener questions about the impact of a recession, sector investments during economic downturns, potential problems in the life insurance sector, and the role of technical analysis in investing.
Sign in to continue reading, translating and more.
Continue