On this episode of The Weekly Wrap, Steve Eisman recaps a volatile week in the market and discusses Zohran Mamdani becoming mayor of New York, the latest in earnings (both in the AI and non-AI space), FICO & credit bureaus, and more.
00:00 - Intro
01:10 - A Volatile Week in the Market
02:03 - Inside the K Shaped Economy: Are We Prone For a Downturn?
05:05 - Zohran Mamdani Elected Mayor of New York
05:50 - Earnings: AI-Related Companies
14:05 - Earnings: Non AI-Related Companies
19:40 - What is Going on With FICO and the Credit Bureaus?
21:48 - How Does Money Creation/Fractional Reserve Banking Really Work?
23:27 - Outro
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