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Search resuls for: "Steven Eisman"


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The Fed shouldn't waste rate cuts right now and risk a resurgence of inflation, "Big Short" investor Steven Eisman said. AdvertisementThe US economy is healthy, which means the Fed shouldn't needlessly cut rates, "The Big Short" investor Steven Eisman said. AdvertisementBut Eisman thinks there's no need for the Fed to cut rates without a significant negative data point. GDP, jobs, and inflation data have all been strong in the past few months. The commercial real estate sector seems to be crumbling, but the office market crash at the center of those gyrations is not big enough to knock down the economy, Eisman said.
Persons: Steven Eisman, , Powell, redoing Volcker, Eisman, Jerome Powell, Powell's hawkish, It's Organizations: Service, CNBC, Bank of America, Fed
Their success was chronicled in Michael Lewis' " The Big Short " in 2010, and the Oscar-winning movie based on the book in 2015. Collins of Seawolf Capital revealed that Tesla has been one of his firm's best short bets this year. "I wouldn't call that as big a conviction story as The Big Short. I mean, 'The Big Short' was taking on basically Western civilization." Upstart short Moses at RiskReversal Media said he's betting against artificial intelligence lending platform Upstart .
Persons: Porter Collins, Vincent Daniel, Steven Eisman, Neuberger Berman, Danny Moses, Michael Lewis, Oscar, Collins, Tesla, Eisman, Moses Organizations: Seawolf, RiskReversal Media, UPS, Infrastructure Eisman
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