Big Short Steve Eisman Favors Schwab, Cites Robinhood's Lack Of 'Margin For Error' Amid Bitcoin-Led Crypto Slide

While retail investors continue to “buy every dip” in the broader market, Eisman implies that this strategy may not hold for assets facing structural headwinds and competitive pressures, particularly when valuations offer little cushion against adverse developments.He drew a direct parallel, asserting that “as long as crypto prices keep going down, so will the stock price of Coinbase,” which has already seen a significant year-to-date decline.The sentiment extended to Coinbase, another major player heavily ...