'Big Short' Famed Investor Steve Eisman Dismisses Recession Fears, Cites US Economy's 'Story-Time' As Proof Of Strength

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'Big Short' Famed Investor Steve Eisman Dismisses Recession Fears, Cites US Economy's 'Story-Time' As Proof Of Strength - Benzinga

Quick Summary:

He attributes this to the strong market performance driven by investments in artificial intelligence and infrastructure.“In bad times, people focus on better quality and balance sheets, and in good times they focus on stories, and we’re in story-time,” Eisman said.

What Happened: Eisman, who is known for predicting the 2008 housing crash, stated in a recent interview with CNBC that the U.S.economy is resilient.

Renowned investor Steve Eisman has expressed confidence in the stability of the U.S.economy, dismissing fears of an impending recession.