The Big Short's Steve Eisman: 'Market Hasn't Been This Concentrated Since 2008'

🪙 Trade Gold and Silver Perpetual Futures and Get a $50 Sign-Up Bonus If You Trade $25: http://kalshi.com/p/commodityculture Steve Eisman sees striking similarities between today's markets being driven by AI hype, and the 2008 financial crisis: people getting overly optimistic and moving full speed ahead without much thought for the consequences. Steve warns that the big AI names are way over their head in spending commitments, without the revenue to back their capex and once the market realizes this and the narrative shifts, the results could be catastrophic. Join the Commodity Academy: https://www.skool.com/commodityacademy The Real Eisman Playbook on Youtube:    / @realeismanplaybook   The Real Eisman Playbook on Substack: https://realeismanplaybook.substack.com 00:00 Coming Up 00:38 The Market is a Single Trade 05:17 How Big Will the Correction Be? 07:01 Parallels Between the GFC and Today 10:43 How Bad is the Debt Situation? 14:23 Steve's Thoughts on Gold 16:30 Where is the Opportunity in Markets? 17:58 Private Credit and Private Equity 21:10 Investing Outside the US 22:45 Is the 60/40 Portfolio Dead? 23:54 Focusing on the Long Game