'Big Short' investor Steve Eisman worries 'everybody is coming into the year feeling too good,' sees room for disappointment
Publishing timestamp: 2024-01-02 20:13:57
Summary
Investor Steve Eisman, known for predicting the housing market collapse, questions the level of bullishness on Wall Street. He believes that there is little tolerance for things going wrong and worries that expectations may be too high. Eisman suggests that fewer rate hikes than expected could be a negative catalyst, but also expresses optimism about homebuilding stocks. He favors areas of technology and infrastructure as top plays for 2024.
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