Steve Eisman of ‘The Big Short’ fame says the stock market is entering a ‘golden age’ for banks
But Eisman, who works at money manager Neuberger Berman, says the era of Trump will be a “golden age” for the banking sector. “I think over the next couple of years there will be more leverage, and this will be a golden age of investing in financial stocks,” he told CNBC during an interview early Monday in New York.
He said he was “as long as he could be” in the banking sector.
.. She said she only rates two sectors overweight (that’s code for buy among Wall Street researchers), and those are financials and technology.
.. Other market participants also have warned that rapidly rising interest rates may result in loan losses in other areas of banks’ balance sheets, including in auto lending.
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