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Ep 78: “The Big Short” Legendary Investor Steven Eisman Talks 2023 Investing

The Wall Street Coach with Kim Ann Curtin

CHAPTER

The Change in the Paradigm

I don't think, for example, that a recession is priced in the market right now. That doesn't necessarily mean a recession is going to happen. But if it does happen, and like I said, I don't know if it does, the market is definitely not priced for that. The concept of risk adjusted yield has to come back because anybody who is old invested at this point, I think it's taking a lot of risk. Art, did you have a follow-up to that? No, absolutely. I got my answer. Thank you so much.

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