‘Big Short’ investor Steve Eisman says if the Fed is scared to raise rates, you should be scared, too

Steve Eisman of "The Big Short" fame said if the spreading banking crisis stops the Federal Reserve from raising interest rates next week, investors should be fazed by that. "Fifty basis points is off the table. So either they're going to do 25 basis points or they're going to do nothing," Eisman said on CNBC's " Fast Money " Wednesday evening.

Eisman, senior portfolio manager at Neuberger Berman, said the central bank is caught in a difficult position because if it does raise rates next week, it risks adding more pressure to the already tight financial conditions. "On the other hand, if the Fed raises rates, even in the face of this... that's like, wait a minute, you've sort of caught between a rock and a hard place," the investor said. "Financial conditions are really tightened, but you still have inflation.

If the fed cut early from their projection or aggressivly, it really means something worse had happened for them.

THE ELEPHANT IN THE ROOM IS THIS CRISIS IS: DOES CHINA BENEFIT AT AMERICA'S EXPENSE?

Well actually he also said 'this is NOT 2008'.

There are some people they are shorting market and wanted fed go for .50bps

King do it

P

TheMaverickWS It is not what is right .it is always what they want to do logic isn't a thing here .same as gender ideology

TheMaverickWS The fed is going to eventually give up on the 2% inflation target I think, and that’s bad for everyone but the rich.

endless fud and it’s a buy buy buy

he looks nothing like in the movie..

TheMaverickWS

mtgawd AlbertSTartagl1 This is 1000% true. If the Fed is willing to halt rate hikes when inflation is 6%, then you better believe they've seen the Armageddon and you should be running for the hills. Hell I might even dump my $SPY and go buy 2Y paper yielding 3.8%, down from…

WE the taxpayers paid for travel which the TheDemocrats booked to a hearing today, and chose not to show up too. The hearing was about our open boarders and fentanyl. They didn’t show because they don’t care, nor do they want to be faced with the truth. Voting has consequences!

Planning 101 SocialSecurity 💵 Roth 😎 Backdoor🤫 401k 💪🏻 Options 📈 RMDs 😫 WeAimHigher.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Big Short' trader Danny Moses warns Silicon Valley Bank collapse will expose more troubleInvestor Danny Moses believes the Silicon Valley Bank collapse is exacerbating the economic slowdown despite the government's actions to mitigate the impact. Big short trader . It will and it has. Your trade plan should be … Since when big short trader give advice or predict the market .
Source: CNBC - 🏆 12. / 72 Read more »

'Big Short' Michael Burry on SVB crisis: 'Not seeing true danger here''Big Short' investor Michael Burry brushes off the latest US banking crisis: 'I am not seeing true danger here' 😉
Source: BusinessInsider - 🏆 729. / 51 Read more »

The Silicon Valley Bank collapse could be a big win for Big TechHere are 3 reasons to be deeply concerned about the Silicon Valley Bank collapse. (via The ReidOut Blog) A bank run is inevitable when people realize that their money is not safe. Wake me up when you're ready to stop fighting for power. bethepeople Or congress could put regulations BACK into place that would've prevented this.
Source: MSNBC - 🏆 469. / 51 Read more »

See 'Big, Big Bugs' at Reid Park Zoo through April 30A special exhibition showcasing giant animatronic insects is being held at the Red Park Zoo until April 30.
Source: kgun9 - 🏆 584. / 51 Read more »

Letters to the Editor — Child sex abuse, short-term rentals, Richardson mayor, technologyWhenever an incidence of child sex abuse comes to light, we wonder how to help survivors and to prevent further abuse. Evidence shows one powerful action:...
Source: dallasnews - 🏆 18. / 71 Read more »

Banking Crisis Won’t Kill Crypto-Banking Despite Short-Term PainWill collapse of three large crypto-friendly U.S. banks mean the end of crypto-banking? Industry experts say there are plenty of options left for the industry to thrive in the long-term, despite some short-term pain. By HeleneBraunn HeleneBraunn The banks didn’t die coz of Crypto , banks died coz they were mismanaged & probably were Ponzi scheme. HeleneBraunn Short term pain? The markets are green. The only asset that paid the Banks collapse is the US dollar, in the form of printing
Source: CoinDesk - 🏆 291. / 63 Read more »