FICO’s Monopoly is Fading & Consumers Are the Winners w/ Kelsey Zhu | The Real Eisman Playbook Ep 59

How Silicon Valley Took Over the Defense Industry with Peter Arment | The Real Eisman Playbook Ep 61

On episode 61 of The Real Eisman Playbook, Steve Eisman sits down with Peter Arment, aerospace and defense analyst at Baird, to break down how Silicon Valley's $66 billion bet on defense tech is disrupting the industry and why defense stocks are selling off during an active war. Peter makes the case for breaking up Lockheed Martin, explains why cheap drones are beginning to challenge the F-35, and walks through the nuclear renaissance powering overlooked names like Curtis Wright and BWX Technologies. 0:00:00 - Intro 0:01:19 - What's Happening in Defense? 0:08:44 - Real Eisman Playbook Premium Preview 0:09:49 - The Impact of the War in Iran 0:12:35 - Is the US Low on Munitions? 0:16:08 - The Pentagon's Perspective 0:18:00 - The Primes 0:22:55 - Lockheed Martin, Drones, & F-35s 0:31:50 - Which Prime Has the Best Portfolio 0:33:00 - Non-Prime Companies 0:41:16 - Why Russia Still Can't Beat Ukraine 0:44:40 - Boeing 0:52:20 - Curtis Wright & BWX Technologies 1:01:44 - Outro Subscribe 👉🏻https://www.youtube.com/@RealEismanPlaybook?sub_confirmation=1 Connect with Steve Eisman and access all things The Eisman Playbook: 🌐 https://linktr.ee/realeismanplaybook → Follow on socials, watch episodes, and get the latest updates — all in one place. Disclaimer: The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in ‘The Eisman Playbook' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money you can afford to lose. Derivatives are unsuitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell, or retain any specific investment or service. Copyright ©2025 Steve Eisman Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Walmart & Target Signal Consumer Stress as the 10-Year Yield Hits 4.6% | The Weekly Wrap

Sign up for The Real Eisman Playbook Premium at https://premium.realeismanplaybook.com/ On this episode of The Weekly Wrap, Steve Eisman breaks down a week full of warning signs from disappointing results at Walmart and Target to the Ten Year Treasury yield hitting 4.6%. He also covers NVIDIA's blockbuster quarter, the state of software, and closes with two mailbags: one on private credit and another on how his hedge fund actually closed the famous Big Short trades from 2008. 00:00 - Intro 01:02 - Next Week's Real Eisman Playbook Premium Preview 02:45 - Iran War Updates 03:00 - Why I Lightened Up 05:05 - NextEra Buys Dominion Energy 06:17 - Target & Walmart 07:45 - Salesforce 08:40 - Intuit 09:16 - NVIDIA 12:06 - Home Depot & Lowe's 13:30 - Toll Brothers 13:38 - Mailbag: Private Credit 17:22 - Mailbag: The Big Short 19:12 - Outro Watch my Financial Literacy Masterclass video here: https://youtu.be/u8chA7LC8lU Watch my Masterclass on the 2008 Financial Crisis here: https://youtu.be/4bSCdJTbR8I Subscribe 👉🏻https://www.youtube.com/@RealEismanPlaybook?sub_confirmation=1 Connect with Steve Eisman and access all things The Eisman Playbook: 🌐 https://linktr.ee/realeismanplaybook → Follow on socials, watch episodes, and get the latest updates — all in one place. Disclaimer: The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in ‘The Eisman Playbook' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money you can afford to lose. Derivatives are unsuitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell, or retain any specific investment or service. Copyright ©2025 Steve Eisman Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Why Energy Stocks Are Down When They Should Be Up with Bob Brackett | The Real Eisman Playbook Ep 60

On episode 60 of The Real Eisman Playbook, Steve Eisman sits down with Bob Brackett, the energy and mining analyst at Bernstein, to break down the energy landscape and discuss why energy stocks are down even as oil sits near $100 a barrel in the wake of the Iran war. Bob also explains where the opportunities are, which companies are best positioned, and why the forward curve is confusing even the most seasoned investors. They also explore the AI connection to energy demand, the UAE leaving OPEC, and much more. 0:00:00 - Intro 0:00:55 - Bob's Background 0:01:50 - What's Happening in This Sector? 0:07:15 - Exxon, Oil Prices, & The Forward Curve 0:18:52 - UAE Dropping Out of OPEC 0:22:04 - Natural Gas 0:35:12 - Miners & Copper 0:40:32 - Lithium 0:46:10 - Analyzing the Main Groups & Companies of the Sector 0:55:14 - Drillers 1:02:00 - Which Companies Does Bob Like? 1:06:20 - EOG 1:08:40 - Back to Miners 1:10:15 - L&G 1:14:32 - Outro Disclaimer: The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in ‘The Eisman Playbook' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money you can afford to lose. Derivatives are unsuitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell, or retain any specific investment or service. Copyright ©2025 Steve Eisman Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Why this Market “Melt-Up” is Making Me Nervous | The Weekly Wrap

On this episode of The Weekly Wrap, Steve Eisman explains why the market’s recent “melt-up” is starting to feel frothy as AI stocks surge and defensive sectors continue to shrink inside the S&P 500. Steve breaks down rising inflation concerns, the growing risks in private credit, and key earnings reactions from companies including Cisco, Coinbase, Toast, Block, Expedia, Trade Desk and CoreWeave. 00:00 - Intro 00:50 - Sign Up For The Real Eisman Playbook Premium 05:50 - Trump Rejects Iran's Peace Proposal 06:10 - Signs of Frothiness in the Market 08:07 - More Inflation Signs 08:42 - Ebay Rejects GameStop 09:00 - More Bad News in Private Equity 12:17 - Payments: PayPal, Fiserv, Toast, Bill, & Block 14:14 - Expedia 14:45 - The Trade Desk 15:20 - CoreWeave 15:56 - CoinBase 16:24 - Constellation 17:10 - Cisco 18:06 - Aevex 18:28 - Mailbag: FICO's Scoring Monopoly 20:00 - Outro Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

FICO’s Monopoly is Fading & Consumers Are the Winners w/ Kelsey Zhu | The Real Eisman Playbook Ep 59

On episode 59 of The Real Eisman Playbook, Steve Eisman sits down with Kelsey Zhu of Autonomous to discuss the collapse of FICO's decades-long monopoly on credit scores and what it means for homebuyers, lenders, and investors. Kelsey breaks down how FICO raised its mortgage score pricing from 60 cents to $10 per pull and why that aggressive pricing opened the door for Vantage. They also explore the broader financial data sector and discuss how AI is reshaping the competitive landscape for every company in the group. 00:00 - The Real Eisman Playbook Premium 02:20 - Intro 04:35 - An Overview of the FICO Situation 13:40 - Destroying a Monopoly 20:05 - FICO vs Vantage Pricing 27:42 - The Credit Bureaus 30:39 - Kelsey's Call with a Private Mortgage Lender 35:09 - Outside the Mortgage Industry 37:00 - Going Back to the Price Increase 38:06 - Monopolies vs Duopolies 40:11 - Good & Bad Business Models 45:15 - Businesses of the Credit Bureaus 49:23 - How AI Factors In 51:20 - Verisk's Business Model 54:10 - MSCI 59:03 - FactSet 1:03:25 - Summarizing the FICO Situation & Lessons Learned 1:03:32 - Outro Visit https://realeismanplaybook.com/ to sign up for our mailing list. Subscribe 👉🏻https://www.youtube.com/@RealEismanPlaybook?sub_confirmation=1 Connect with Steve Eisman and access all things The Eisman Playbook: 🌐 https://linktr.ee/realeismanplaybook → Follow on socials, watch episodes, and get the latest updates — all in one place. Disclaimer: The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in ‘The Eisman Playbook' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money you can afford to lose. Derivatives are unsuitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell, or retain any specific investment or service. Copyright ©2025 Steve Eisman Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]