Today’s On The Tape is Presented by CME Group and iConnections

The Big Long with Steve Eisman

Steve Eisman of Neuberger Berman joins the pod this week! Dan, Danny, Guy, and Steve discuss: what’s driving the market, why Steve is no longer bearish, investing in infrastructure, the low-end consumer, why Steve thinks the election is over, what a Trump re-election means for the stock market, energy, Steve’s optimistic view on the market, what could cause a bear market, what Steve believes about managing money that most people don’t understand, “The Big Short”, and the Preakness.

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WHAT WE’RE READING

• Dow is little changed a day after benchmark touches 40,000 for the first time (CNBC)

• Bank of America double upgrades Robinhood, citing rise in retail trading (CNBC)

• Meme-Stock Mania Crashes Into Reality of Depleted Covid Savings (Bloomberg)

• GameStop shares fall 20% after it files to sell additional stock, says first-quarter sales dropped (CNBC)

• Investors Are Striking Gold All Over (WSJ)

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