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In this special 2025 Year-End edition of The Weekly Wrap, Steve Eisman analyzes the four themes that defined the market: the K-shaped economy, the AI bubble debate, private credit risks, and the affordability crisis. Steve shares why the "scaling" thesis of AI reminds him of the subprime assumptions of 2008 and breaks down the performance of all 11 S&P sectors.

00:00 - Intro
01:32 - Yearly Recap
03:18 - The K-Shaped Economy
04:18 - AI Revolution or AI Bubble?
11:17 - Private Debt
13:44 - Affordability
19:08 - The 11 Sectors of the S&P
28:35 - Outro

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