Guest
Steve Eisman (of The Big Short) has recently taken to CNBC to warn investors about the state of the stock market in 2024, including why he believes interest rates are likely going to stay higher for longer. He also discusses the AI hype in the market and whether investors should consider the magnificent 7 stocks in 2024. Introduction to Stock Analysis can be found here: (use code 'SAVE50' for $50 off!) ★ ★ CONTENTS ★ ★ 0:00 Eisman's Thoughts On Interest Rates 5:10 A Repeat of the 1970s 6:43 Why The Fed Won't Lower Rates 7:42 The U.S. Debt Problem 9:52 Ray Dalio vs Steve Eisman 12:00 Will AI Power Stock Returns in 2024? 14:50 Steve's Opinion on the Magnificent 7 My Podcast: Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from Past performance is not a reliable indicator of future investment returns. Contact email: hello@ Note: I do not have the ability to answer all emails, but know that each email is read. If enquiring about sponsorship, New Money is currently only seeking sponsorship from established brands.
