'Big Short' Investor Reveals His Biggest Bet for 2024.

Steve Eisman (played by Steve Carell in 'The Big Short') has recently revealed his biggest bet for 2024, and it's not what you'd expect. Despite the Federal Reserve delaying interest rate cuts and inflation persisting, Steve has completely dismissed the idea of an economic crisis, and is putting his money where his mouth is.

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★ ★ CONTENTS ★ ★
0:00 Steve's Bullish Opinion on the U.S. Market
4:50 The 2 Big Themes Driving the Economy
6:17 Steve's Biggest Bet for 2024
10:40 The Government's Massive Investment
12:00 The Golden Age of the Industry

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[NewMoneyYouTube]

Also - just wanted to say thanks for being here and supporting my content. NGL I got a little downhearted after some of the comments on my last video, but I really appreciate you all for being here and supporting the content I make. Hope you guys are having a good week!

[CliveBirse]

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

[scottarmstrong]

80% stocks 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large $5m stock/bond portfolio for substantial gains at minimum risk of inflation.

[SamanthaCole-yqov]

It's a common misconception that when a stock you buy skyrockets, the smart thing to do is sell it (or at least sell some of it) to lock in your profits. But the context matters. If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[hullbruce]

Please stop with the clickbait titles. I used to love the unbiased videos on whats really going on in the market. Crash market fatigue is showing with most folks. Most are so tired of hearing about the worse even though its true. My $200, 000 share holdings are down 17%

[RaymondcrawRaymondCrawley]

Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025

[ElizabethKing-quob]

The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas..

[josephhughes]

Thanks for the video. I finally established a way to increase my net income per month.
My 2024 goal is to pay off the house by Sept 2024 (8 years total into a 30 year @ 4%). I have no debt other than mortgage. My 401k, HSA, IRA and emergency funds get maxed out. The mortgage is my last piece of debt left. I don't have any school loan or CC debt. I've made a lot of sacrifices over the years.

[jameswood]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[Baldwin]

I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.

[ChristelleSingler]

I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better

[Starkham]

My wife and I net-worth was 62k April 2020.
Just hit 550k this week…

[rachellenelson]

For wealthy investors, the economy looks great. It is a different story for the lower middle class and below. I graduated high school in 07, during the great financial crisis. I was able to work an office job at $11 per hour, rent a cute apartment with a friend, put anything I wanted in my grocery cart, not worry about gas money, take a few trips to the mountains each summer with friends, pay health and car insurance, shop the sales at the mall, and still save 3-4 thousand dollars each year for the future. That kind of life is not possible now. The same jobs almost twenty years later only pay $15 per hour. Meanwhile, housing, groceries, gas, and insurance have more than doubled where I live.

[fnkgtxl]

This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high, today I am more than 60% down!

[Walter-wosz]

The middle class is disappearing. Upward mobility is much more difficult than it was 20 years ago.

[filipxavier]

Investors with a long term view are well positioned for the ultimate recovery because they understand that the market and economy will eventually revive. I'm doing great personally and will keep pushing hard in this wild market. Right now, my portfolio is up 43%. I'm going to take a backseat and watch how this all works, gradually adding more stocks.

[wailiamchin]

Love the content as always. No greed, no FUD, always objective.

[Anthony-lw]

I hit $200k today. I am truly grateful for all the knowledge and nuggets you have given me over the past few months. Started with 14k in June 2023<<

[gardnmi]

The economy is fine if you don't have to be subjected to high interest rates i.e. rich people. Though I do agree they shouldn't cut rates until they need to.

[MonicaHerbert]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.