News, September 19th. After the Fed announced its rate cut decision on Wednesday, The Big Short prototype Eisman said in an interview with CNBC that he believes the Fed's current rate cut cycle will not last long. "In the end, I think the Fed will cut rates a total of 100 basis points at most, and that will be the end of it."
Eisman believes that the Fed's recent and anticipated rate cuts are largely irrelevant. In his view, this is just a "band-aid" on an essentially strong and healthy economy. (Golden Ten)
[BlockBeats]News, September 19th. After the Fed announced its rate cut decision on Wednesday, The Big Short prototype Eisman said in an interview with CNBC that he believes the Fed's current rate cut cycle will not last long. "In the end, I think the Fed will cut rates a total of 100 basis points at most, and that will be the end of it."
Eisman believes that the Fed's recent and anticipated rate cuts are largely irrelevant. In his view, this is just a "band-aid" on an essentially strong and healthy economy. (Golden Ten)
[BlockBeats]