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A U.S. recession will knock this asset class hard, says Steve Eisman of ‘The Big Short’ fame

Barbara Kollmeyer
A U.S. recession will knock this asset class hard, says Steve Eisman of ‘The Big Short’ fame

Our call of the day, from Steve Eisman, a hedge-fund trader who made money in the financial crisis by betting against risky mortgage products engineered by some of the world’s biggest banks, says corporate bonds will be at the center of pain for the next U.S. recession.