Episode

S&P Hits New Highs as Tech Earnings Crush Recession Fears | The Weekly Wrap

Podcast
The Real Eisman Playbook
Published
May 8, 2026
Duration seconds
1810
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https://s.gum.fm/s-68f11b96e82bbb3b231c196b/traffic.megaphone.fm/GBLL9393726582.mp3?updated=1778271131
Audio
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Summary

On this episode of The Weekly Wrap, Steve Eisman breaks down why strong earnings, surging AI investment, and dominant tech leadership continue to push the market higher despite ongoing concerns about consumer weakness, war in Iran, and elevated valuations. Steve analyzes the latest results from companies including Palantir, AMD, Disney, Shopify, PayPal, Apollo, KKR, and Arista Networks, while also explaining why semiconductors, industrial power plays, and financials remain the market’s biggest drivers. Plus, Steve discusses Amazon’s expansion into logistics, GameStop’s surprise bid for eBay, private credit risks, and why traditional recession indicators still aren’t flashing red. 00:00 - Intro 00:53 - The Real Eisman Playbook Premium 03:42 - Iran War Updates 04:17 - Amazon vs FedEx & UPS 04:54 - GameStop vs eBay, Why Michael Burry Just Sold Everything 05:28 - Quarter Overview & Revenue/Earnings Growth, 08:34 - The S&P 500 Hits a 20% Operating Margin 10:21 - Palantir 12:16 - Transdigm 12:53 - KKR 13:19 - Apollo & Private Credit Fears Fade 15:19 - Eaton 15:52 - Rockwell Automation 16:22 - Diamondback Energy 16:53 - PayPal 17:43 - Fiserv 18:59 - Shopify 19:50 - Arista 20:30 - AMD 21:07 - Disney 22:25 - McDonald's & Shake Shack 22:55 - Whirlpool & Zillow 23:35 - Mailbag: Is a Shiller PE of 40 a Death Sentence for the Market? 25:36 - Outro Visit https://realeismanplaybook.com/ to sign up for our mailing list 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…