Eisman Says Recession Would Spur `Massive Losses' in Corporate Debt

The transcript covers a discussion with Steve about hedge fund performance, fee structures, and market conditions. It explores short positions, market volatility, and the impact of the tariff war. The conversation delves into the business model of Zillow and the risks associated with tech stocks like Tesla, Uber, and Lyft. It also examines Canadian banks, potential credit cycles, and the implications of the trade war on market risks. Finally, it addresses the safety of the financial system and potential recession risks, particularly in the bond markets.

What are the biggest current risks on Wall Street according to the speaker?

What does the speaker suggest about the current state of the financial system in the United States?

How does the speaker view the impact of corporate debt on the next recession?