In contrast to some housing market doomsayers, Steve Eisman, who foresaw the 2007–2008 US housing crisis and whose exploits in profiting from the bubble’s collapse were documented in the Big Short, believes there is no impending housing crisis on the horizon. Instead, Eisman is basing his current investing strategy on a thesis he calls “revenge of the old school,” and is venturing into bonds for the first time in his career and acquiring stocks from traditional, established industries, all in an
The company reports fiscal first-quarter numbers Wednesday evening. Wall Street is looking for earnings per share of $3.71 from sales of $21.7 billion.