I happen to think the whole banking sector is 'uninvestable', says Neuberger Berman's Steve Eisman

Steve Eisman, Neuberger Berman senior portfolio manager, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, the state of the banking sector, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
www.cnbc.com/select/best-cred...
#CNBC
#CNBCTV

Пікірлер: 225

  • @Kenneth23414
    @Kenneth234143 ай бұрын

    Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

  • @Annie56427

    @Annie56427

    3 ай бұрын

    you’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner

  • @Alden457

    @Alden457

    3 ай бұрын

    I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

  • @Christian67337

    @Christian67337

    3 ай бұрын

    Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems

  • @Alden457

    @Alden457

    3 ай бұрын

    I'm being guided by Aileen Gertrude Tippy who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.

  • @Christian67337

    @Christian67337

    3 ай бұрын

    Thank you for this tip. It was easy to find on web your coach Aileen Gertrude Tippy, Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @larrylentini5688
    @larrylentini56888 ай бұрын

    It boggles my mind that people who claim to be numbers driven economists can look at how much money the government is spending and how much cost of living has gone up and still say "this is fine, we could have a soft landing"

  • @nimblep4531

    @nimblep4531

    8 ай бұрын

    Most underrated comment here 👏

  • @amdistant5547

    @amdistant5547

    8 ай бұрын

    CNBC is a quack show with quack guests. They're all clueless.

  • @stevecatpatrick8056

    @stevecatpatrick8056

    8 ай бұрын

    The government spending can lead to a soft landing. I don't think it's going to happen, but spending is what buoys the economy up. Government spending is softening the landing not making it harder.

  • @bingoitsapickle7071

    @bingoitsapickle7071

    8 ай бұрын

    They are paid off to be perpetual Polly Anna’s 😬

  • @djc7039

    @djc7039

    7 ай бұрын

    The interest on the debt is where the spending will go, the Electeds are accelerating into a brick wall@@stevecatpatrick8056

  • @Walkingloser
    @Walkingloser8 ай бұрын

    He has ZERO confidence in his statements, just listen and watch his body language

  • @reeseanderson4432

    @reeseanderson4432

    8 ай бұрын

    Thought I was the only one seeing this

  • @bilyonarelifestile2226

    @bilyonarelifestile2226

    8 ай бұрын

    he’s a 🤡 , the steve carrel version is better

  • @92menachem
    @92menachem8 ай бұрын

    I respect Steve but 2:10 he says “I’m not an economist” and 2:33 he says “I’m an economist “ I find that funny

  • @Jonah-in-Boise-ID

    @Jonah-in-Boise-ID

    8 ай бұрын

    Good catch. That was ironic.

  • @tioswift3676

    @tioswift3676

    8 ай бұрын

    😂😂😂

  • @profitmix441

    @profitmix441

    8 ай бұрын

    He says that so he won’t be held accountable in a year from now

  • @danielspoerle9657
    @danielspoerle96578 ай бұрын

    Just do the opposite of what the "professionals" say.

  • @PC-cs5wp
    @PC-cs5wp8 ай бұрын

    The only REAL PROBLEM here today is the VALUATIONS!!!! Fix those and everything just like before all this crap after the GFC!!!!!

  • @valuations520
    @valuations5208 ай бұрын

    The banking sector is the sector with the largest proportion of profitable companies in it. Only four industry sectors have a higher proportion of profitable firms, and all of them are oligopolistic with a small to extremely small number of companies. So he might find it uninvestable, because he cannot figure out the risk, but it is a financially very successful sector of the economy.

  • @cennamo66
    @cennamo668 ай бұрын

    Becky and Joe have to stop interrupting their guests.

  • @illegalsmirf
    @illegalsmirf8 ай бұрын

    There's nothing 'scarier' than workers getting better wages and big corporations having slightly lower profits!

  • @adambritain5774

    @adambritain5774

    7 ай бұрын

    Oy vey!!!!

  • @millermiller75
    @millermiller758 ай бұрын

    I don’t understand why deposits are $2 trillion above trend? Because people pulled money out of stock market? People’s savings are up from COVID? And why does he think the $2T is coming out of the banks? Thanks.

  • @rocar38

    @rocar38

    8 ай бұрын

    Savings is down from the high. Its off the loes though.

  • @g86money
    @g86money8 ай бұрын

    How can he say banking is un-investable and then say no recession. If banks don’t lend bc they can’t, then goodbye. He’s compromised. Vinny, Danny and Porter are less biased than him

  • @ronmiller6270

    @ronmiller6270

    8 ай бұрын

    He is working retired; he doesn't really care any more

  • @tampabayrodeo2474
    @tampabayrodeo24748 ай бұрын

    As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.

  • @graceocean8323

    @graceocean8323

    8 ай бұрын

    A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

  • @MattDouglas-hj9wh

    @MattDouglas-hj9wh

    8 ай бұрын

    Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.

  • @graceocean8323

    @graceocean8323

    8 ай бұрын

    "Carol Pasol Lewis". You can easily look her up, she has years of financiaI market experience.

  • @champhallier8468

    @champhallier8468

    8 ай бұрын

    I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.

  • @Walkingloser
    @Walkingloser8 ай бұрын

    How could he possibly tell the Truth 🤦‍♂️

  • @williamgoodlett4938
    @williamgoodlett49388 ай бұрын

    should people buy bonds and notes if online banks are giving 4%-5.13% interest rates and you don't have to lock up your money.

  • @GroceryBoy
    @GroceryBoy7 ай бұрын

    When CNBC tells you to panic I feel like theres gonna be a rally 😅

  • @byronrich2780
    @byronrich27808 ай бұрын

    I remember running into this guy in front of Walgreens. It was awesome

  • @ronsilva7394
    @ronsilva73948 ай бұрын

    Yep , I should have never listened to the talking heads . Most of them pushed the soft landing . I should have went to cash and waited , my bad .

  • @qbtc

    @qbtc

    8 ай бұрын

    Where have you been? Stocks were on a 4 month run from March to July. It's still higher now than in March.

  • @tatianafoule6257

    @tatianafoule6257

    8 ай бұрын

    Maybe bc they were bullish

  • @patriciomora9663
    @patriciomora96638 ай бұрын

    This guy is good! He wants everyone in before the Big Short…

  • @dougmanzo9648

    @dougmanzo9648

    8 ай бұрын

    Bingo!

  • @bigbirdyolo2885
    @bigbirdyolo28858 ай бұрын

    Idk why in their right mind would think the Fed would cut rates anytime soon. Rates will be higher for longer, that is the new norm, and they will probably increase the rates more and don’t be shocked when mortgage rates are 8-9%.

  • @ryanboardman8326

    @ryanboardman8326

    8 ай бұрын

    They will have to cut rates when they brake the economy, money printers will turn ack on and the debt to GDP will continue to rise.

  • @jacobhuffman3257
    @jacobhuffman32578 ай бұрын

    Inverted yield curve is undeniable evidence of a recession

  • @roberttaylor662
    @roberttaylor6628 ай бұрын

    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

  • @DeannaPeters-lz8we

    @DeannaPeters-lz8we

    8 ай бұрын

    For a successful long-term strategy you have to seek guidance from a broker or financial advisor.

  • @arthurworld9768

    @arthurworld9768

    8 ай бұрын

    With the help of an investing advisor, I diversified my $400K portfolio across markets, and I was able to earn over $900k in net profit from high dividend yielding equities, ETFs, and bonds.

  • @jamesfriedrich1150

    @jamesfriedrich1150

    8 ай бұрын

    @@arthurworld9768 Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

  • @arthurworld9768

    @arthurworld9768

    8 ай бұрын

    My consultant is Monica Amanda McClure She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.

  • @quovadis5555
    @quovadis55558 ай бұрын

    did ANYONE- certainly doesn't seem so by the comments(!)-get the fact that the conversation about the banking sector was essentially cut out..and yet it is the clickbait title of the video? Kudos CNBC.. saying everything and nothing

  • @manubhatt3
    @manubhatt38 ай бұрын

    0:30 - First quarter???!! Is this video old?

  • @masterclassanonymous1292
    @masterclassanonymous12928 ай бұрын

    I think the co hosts should ask Eisman for permission to speak. If they think they are intelligent enough to interrupt Steve while he is speaking he should decide if they should based if he thinks their point is important or not.

  • @manubhatt3
    @manubhatt38 ай бұрын

    Please also mention in the intro that he was in Big Short. Not everyone knows that, especially newcomers.

  • @MartinJG100
    @MartinJG1008 ай бұрын

    6:25. Understatement of the century.

  • @tatianafoule6257
    @tatianafoule62578 ай бұрын

    Bank issues for that whole? 😅

  • @ron.mexico.
    @ron.mexico.8 ай бұрын

    Rates only go up so that they can go down. Higher for longer is adorable. A recession is coming and you better believe the easing cycle will begin again.

  • @honestbusiness1371

    @honestbusiness1371

    8 ай бұрын

    Data

  • @randomshiiitt
    @randomshiiitt8 ай бұрын

    Mark Baum looks different from the movie!

  • @TheTruthiest
    @TheTruthiest8 ай бұрын

    At least he's honest enough to admit he doesn't have a clue

  • @nathan500100

    @nathan500100

    8 ай бұрын

    has a clue about no recession and nothing scary out there. seems very bullish.

  • @txguynnh
    @txguynnh8 ай бұрын

    Inverse yield curve and highest cc use in history?

  • @javierjp8549
    @javierjp85498 ай бұрын

    Bro took 7 minutes to say he believes in soft landing, he likes quality 5y corp bonds and that he doesn't like financials

  • @SusieAspen
    @SusieAspen8 ай бұрын

    Eisman's concerns about the banking sector are worth considering, but as someone earning 5.26% with Western Alliance Bank, I believe in diversifying my investments. Individual goals and circumstances matter. Stay informed and consult experts when needed.

  • @fuckooooooooooooo
    @fuckooooooooooooo8 ай бұрын

    In the great depression of the 1970's, it was tough,, brother, can you spare a dime?

  • @ps_nyisgone

    @ps_nyisgone

    8 ай бұрын

    money can drive some people out of thier minds

  • @anarchistgreg4689
    @anarchistgreg46898 ай бұрын

    Make-Believe Inflated Currency is uninvestable

  • @tatianafoule6257
    @tatianafoule62578 ай бұрын

    Maybe it is Disney doing the arbitration.

  • @williamward5012
    @williamward50125 ай бұрын

    It amazes me that CNBC would listen to the 12th man on the team last to know, Steve Eisman. Watch the Big Short again. This guy found out about the mortgage crises from a wrong phone number. And it took lots of hand holding and convincing before he got envoled. If youre going to listen to anyone about the markets it should be Dr. Michael Burry who created the instruments to short the mortgage markets. Not some Johnny come latetly Steve Eisman that Neuberger Berman gave a job to because of his pedigree or lack thereof.

  • @rh3108
    @rh31088 ай бұрын

    longer for higher > higher for longer

  • @jessicasquire
    @jessicasquire8 ай бұрын

    I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.

  • @Erikkurilla01

    @Erikkurilla01

    8 ай бұрын

    Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?

  • @Lemariecooper

    @Lemariecooper

    8 ай бұрын

    In a downturned market, numerous strategies exist that can potentially yield lucrative profits. However, executing such sophisticated trades requires the expertise of seasoned market professionals.

  • @jessicasquire

    @jessicasquire

    8 ай бұрын

    I have experienced significant losses, and I am holding on with the hope of recovering them. It is evident that I am in dire need of assistance. Could you please share the name of the investment adviser who guides you?

  • @jessicasquire

    @jessicasquire

    8 ай бұрын

    It seems that *STEPHANIE KOPP MEEKS* possesses extensive knowledge and a strong educational background. After conducting a Google search of her name, I discovered her website. Thank you for providing this information

  • @patrickmccarthy5617

    @patrickmccarthy5617

    8 ай бұрын

    ​@@Erikkurilla01y'all bots are hilarious. It's called invest into bonds 😂😂😂😂

  • @seriousbutfunny2
    @seriousbutfunny28 ай бұрын

    8% mortgage rates used to be the norm if you had good credit. USA has been spoiled with these near 0% rates. JS

  • @dgaz3057
    @dgaz30578 ай бұрын

    tempering a strong economy to reduce inflation is a strange one man...

  • @NoahAayat
    @NoahAayat8 ай бұрын

    Amount of $$$ they printed.. Rate should be 12%.. not 5%

  • @HandleBop
    @HandleBop8 ай бұрын

    Helpful fellow

  • @Rob_G716
    @Rob_G7168 ай бұрын

    It means 2025-2026 before rates pull back

  • @jaygold4467
    @jaygold44678 ай бұрын

    There's an inverted yield curve. No evidence?

  • @kurthoffer8930
    @kurthoffer89308 ай бұрын

    Not sure what numbers he's looking at, but the ones publicly available are screaming problems in the financial world. Think Roman Empire

  • @Nernst96
    @Nernst968 ай бұрын

    I still blame the FEDs for this, because in the end they benefit by either buying off the failed banks cheaper or something. The fed can print credit as long as someone will borrow it into existence, but they cannot print product (or production).

  • @sattler96

    @sattler96

    8 ай бұрын

    People are going through real life crisis, think now isnt a time to point fingers. Everyone should always be prepared for the unexpected to happen. That is how randomness works.

  • @Dannyholt33

    @Dannyholt33

    8 ай бұрын

    You're right ! Now that the market is in decline, I know what I want to do, but I'm not sure which stocks to buy, which investmnts would yield the best profits, etc. The potential gain is greater due to the risk, and professionals are better at negotiating such exact contracts. Right

  • @Dannyholt33

    @Dannyholt33

    8 ай бұрын

    I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

  • @Dannyholt33

    @Dannyholt33

    8 ай бұрын

    excellent share, just confirmed her page online after inputting her full name on my browser, she seems valid. very much appreciate it.

  • @quixomega
    @quixomega8 ай бұрын

    No, it's higher for longer even if a recession sets in. Unless you want hyperinflation, you can't drop rates significantly. This is the new baseline.

  • @lewis809

    @lewis809

    8 ай бұрын

    I don’t know if they will be able to hold their nerve. As soon as recession hits, they will panic and want to drop rates, which will bring a second wave of inflation roaring back. That’s what I think

  • @Michigancvhi
    @Michigancvhi8 ай бұрын

    That guy is a joke

  • @garrettbewsy144
    @garrettbewsy1448 ай бұрын

    i don’t any of these ppl have had real jobs haha

  • @anarchistgreg4689
    @anarchistgreg46898 ай бұрын

    Stack Silver!

  • @thomasweilbacher1812
    @thomasweilbacher18128 ай бұрын

    this market is not a coward

  • @anthonyferris8912
    @anthonyferris89128 ай бұрын

    As he says, he's an 'economist '...and they're there to make weather forecasters look good.

  • @swedesam
    @swedesam8 ай бұрын

    "Hey, there's a bubble....time to call BS."

  • @Schmexy
    @Schmexy8 ай бұрын

    Just look at the DXY, decade long impending cycles don’t lie.

  • @higgs923
    @higgs9238 ай бұрын

    no need for me to go deeper than the rising number of delinquent auto loans and credit card accounts.

  • @NightRidah777
    @NightRidah7777 ай бұрын

    Goldman Sachs is always wrong every earnings season. Remmeber when they said almost 100% chance of recession earlier this year?

  • @trumptrashends2024
    @trumptrashends20247 ай бұрын

    banks are at 3 to 5 year low and dividends are at an all time high and he does not think banks are a buy??!! lolololol

  • @lpgoog
    @lpgoog8 ай бұрын

    I dig the humility 👌

  • @bananarepublic1339
    @bananarepublic13398 ай бұрын

    "Regulation that asks for more capital requirement is the wrong thing regulators are doing" then "the best bank regulator in history", fcking flipflop

  • @idonotlikethismusic

    @idonotlikethismusic

    8 ай бұрын

    I think he was being cheeky lol

  • @AjitMD
    @AjitMD8 ай бұрын

    Inflation is a monetary phenomenon. Fed pumped $5T since 2020 Covid. Most money is still in the economy. That is why real estate and other inflation took place . The problem us not current instantaneous inflation… it is about hi absolute prices. These asset, goods, services bubbles have to deflate. Money supply has to come down in addition to higher interest rates. Fed knows all this but dragging their toll they can’t. Then it hits the fan.

  • @thecountofmontecristo8280
    @thecountofmontecristo82808 ай бұрын

    Crazy to think he can't see a recession at all in the data, when his former partners from "The Big Short" fame - Vinnie and Porter - have a lot more conviction around negative credit data and the potential of an oncoming recession. I guess that don't talk any more.

  • @ronmiller6270

    @ronmiller6270

    8 ай бұрын

    @@Elizabethadams712 does spamming comments on here actually work? haha

  • @user-vs5vb6hl4h
    @user-vs5vb6hl4h8 ай бұрын

    Who the hell funds this show. Cnbc needs to go bankrupt already.

  • @christinehopping
    @christinehopping8 ай бұрын

    I love that rates are higher. I am debt free, and a HYSA account at $250K yields $1000 monthly!!! Finally, the bank is paying Me.

  • @markthomas7279

    @markthomas7279

    8 ай бұрын

    Good work. A lifetime of delayed gratification delivering for you. Congratulations.

  • @Stevef2022
    @Stevef20228 ай бұрын

    Broken clock. He had ONE good call 15 years ago and is stuck working for the man rather than his own firm.

  • @sonnyandreotte5721
    @sonnyandreotte57218 ай бұрын

    evercore? that figures

  • @alext802
    @alext8028 ай бұрын

    It’s disgusting that the anchor describes strikes and wage increases as “scary.” Heaven forbid the working class have their wages increase in concert with their productivity rate, inflation, and the “wages” (in the form of stock options) of the CEOs.

  • @LiveWatched

    @LiveWatched

    8 ай бұрын

    Its because you live in a bubble, were competing with workers across the world higher wages make us less competitive meaning less jobs

  • @alext802

    @alext802

    8 ай бұрын

    @@LiveWatched you lack an understanding of economic policies such as ones that prevent companies from moving manufacturing overseas (import taxes, import limits etc)

  • @LiveWatched

    @LiveWatched

    8 ай бұрын

    @@alext802 I mean ford literally has plants in Mexico so you're just wrong flat out, but I appreciate the advice

  • @idonotlikethismusic

    @idonotlikethismusic

    8 ай бұрын

    @@LiveWatchedit is exactly this type of thinking of yours that is the problem. Corporate executives pit workers against each other, playing on their fear of losing their jobs if they get higher wages. Meanwhile corporate executive salaries continue to skyrocket. These companies need to be regulated and penalized for screwing their workers. What you said is basically corporate propaganda.

  • @idonotlikethismusic

    @idonotlikethismusic

    8 ай бұрын

    @@LiveWatchedyes, the problem is unbridled free market capitalism that places investor returns and corporate profit margins about all else, views workers as commodities, and let’s corporations do whatever they want in pursuit of those.

  • @TheWirelessWoman
    @TheWirelessWoman8 ай бұрын

    What a jerk... Why did they bring him on? He literally has no opinion on anything... just lighting sparklers. As a finance pro jaded ppl like him are how we got in this position

  • @albertocano1185
    @albertocano11858 ай бұрын

    If prices are not raised to keep same ratio between wages and profits and costs, keeping commodities at same rate, yes could be a plunge in profits, only have to raise prices which is going to be nominal, there is no bottle necks anymore, so will be wages growing higher and profits it will mean an expansion of American economy, and that will also give more room and oxygen to current public debt because it will also make higher revenue, and is all growth and banks will also breath and also keeping hi the interest rates for that to be real not just nominal keeping real state low, so all new growth will be true economy not just bubble, is true growth it has to trigger a prices spiral keeping gas energy and all commodities same, prepared food or packed have to also raise prices to pay higher wages but over all higher profits also at same time to grow relative to the rest of the world being able to demand more also not by producing more but demanding more of share of production for the world like 200i China but the way around, and growing GDP real and nominal,

  • @TheJustonemore
    @TheJustonemore8 ай бұрын

    It will set Labour rights back to the 30’s

  • @johnben9
    @johnben97 ай бұрын

    The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

  • @KevinClarke9

    @KevinClarke9

    7 ай бұрын

    Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

  • @ritalorrigan

    @ritalorrigan

    7 ай бұрын

    Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.

  • @ScottArmstrong12

    @ScottArmstrong12

    7 ай бұрын

    @@ritalorrigan That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

  • @ritalorrigan

    @ritalorrigan

    7 ай бұрын

    My Financial adviser is ‘’DAWN MAUREEN HUMPHREY’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

  • @ScottArmstrong12

    @ScottArmstrong12

    7 ай бұрын

    @@ritalorrigan Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon

  • @user-qq3xz9cu8y
    @user-qq3xz9cu8y8 ай бұрын

    This dude obviously don't want to talk, leave him alone.

  • @matthewthurn
    @matthewthurn8 ай бұрын

    This guy is full of it

  • @thomasweilbacher1812
    @thomasweilbacher18128 ай бұрын

    get your investment to 10 and up

  • @alexanderchenf1
    @alexanderchenf18 ай бұрын

    Argentinian banks are investable

  • @JimmyHuynhdesign
    @JimmyHuynhdesign8 ай бұрын

    Its going to be longer for higher!

  • @Quite6ee
    @Quite6ee8 ай бұрын

    Is he an economist or is he not an economist??? huh

  • @jimmydean9602
    @jimmydean96028 ай бұрын

    Buy pokemon cards 🚀

  • @demri123
    @demri1238 ай бұрын

    FHN BOH ALLY some good ones

  • @MyGenXTruth
    @MyGenXTruth8 ай бұрын

    DO NOT TRUST ANYONE. Trust is dead.

  • @jamescaleb9676
    @jamescaleb96767 ай бұрын

    mark baum himself

  • @timferguson593
    @timferguson5938 ай бұрын

    Higher forever. Hope Wall Street starts to get it.

  • @LivingWithGout
    @LivingWithGout8 ай бұрын

    Lolol they repeated over and over again. Rates are going up, and held there until 2% is achieved AND sustained. They literally repeated at every single meeting and interviews.

  • @virgilpalmer2427
    @virgilpalmer24278 ай бұрын

    Amazing how "out of touch" these people are.... We've been struggling to put food on the table, AND THERE'S NO RECESSION.. 😂😂😂😂😂😂😂

  • @brunoheggli2888

    @brunoheggli2888

    8 ай бұрын

    Because a Resession has nothing to do with what you told us!Its about GDP!!!!!

  • @honestbusiness1371

    @honestbusiness1371

    8 ай бұрын

    ? Wages are UP 5% this year and rising, inflation has dropped from 9% to 3%. What are you talking about? Unemployment is at a 50 year low. Go get a Job or 2 or 3.

  • @honestbusiness1371

    @honestbusiness1371

    8 ай бұрын

    Come to reality.

  • @atangbingana283
    @atangbingana2838 ай бұрын

    bottom feeder questions

  • @nathan500100
    @nathan5001008 ай бұрын

    theres been a correction, economy is strong.

  • @ichrisone
    @ichrisone8 ай бұрын

    Uh oh…

  • @gordongecko8912
    @gordongecko89126 ай бұрын

    Brain misfire? 2:10 "I'm not an Economist" 2:30 "I'm an Economist" LOLOLOLOLOLOLOLOLOLOLOLOL

  • @TheJustonemore
    @TheJustonemore8 ай бұрын

    Great Recession

  • @profitmix441
    @profitmix4418 ай бұрын

    I’m not an economist, but every session is not coming…. He lost me with that one.

  • @wilee.coyote5298
    @wilee.coyote52988 ай бұрын

    In 2000, my first mortgage was 8.25% for 30 yrs, which was normal. Years later refinanced lower rate. Years later refinanced lower and 15 years. Paid off 4 years ago.

  • @mr.uthamaputhiran9790

    @mr.uthamaputhiran9790

    8 ай бұрын

    8.25% of 200K and 6% of 1.3 mil is not the same

  • @ryanboardman8326

    @ryanboardman8326

    8 ай бұрын

    Rates were higher but the properties were valued less and the currency was worth a lot more. Boomers and gen X have no idea what it's like for millennials and Gen Z now. Housing makes up more of peoples pay checks than any other time the last 50 years.

  • @stevecatpatrick8056

    @stevecatpatrick8056

    8 ай бұрын

    I don't see what your point is are you saying that you faced completely opposite conditions then currently, because all that supports is fiscal policy wealth transfer from you to these other people who don't have those tailwinds helping them. You took a high rate on a relatively lower price and then could refinance beneficially to help you pay it off faster. Today anyone that bought recently is facing high rates on a much higher price, and rates are not lowering very quickly to let them refinance and help. So they have a headwind.

  • @maverickmegastar
    @maverickmegastar8 ай бұрын

    Ohhh f#%k!

  • @elvispresley3234
    @elvispresley32348 ай бұрын

    When you really look at Steve's career, he's really not that smart. Granted he made a good play on the GFC CMBS, but that was a one-off. You simply CANNOT ignore asset over-inflation and interest rates. Money, at its foundation, is not that complicated. It works one way and if you violate or ignore those fundamentals, you will get burned. Period. Just ask and or compare Steve with WB.

  • @albacus2400BC
    @albacus2400BC8 ай бұрын

    The market is out of control, and banks are failing one by one. Could there be any potential in the stock market for a boomer like me? I am working on an approximate estimate of $3M for retirement.

  • @AddilynTuffin

    @AddilynTuffin

    8 ай бұрын

    You should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.

  • @kaylawood9053

    @kaylawood9053

    8 ай бұрын

    I needed a good boost to help my portfolio stay afloat, hence I researched for license advisors and came across someone of due diligence, she helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

  • @NormanGhali

    @NormanGhali

    8 ай бұрын

    I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.

  • @kaylawood9053

    @kaylawood9053

    8 ай бұрын

    I started out with an FA named *Sharon Louise Count* Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

  • @louis71350

    @louis71350

    8 ай бұрын

    I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

  • @mmercato7174
    @mmercato71748 ай бұрын

    Maybe

  • @dustinstevens2220
    @dustinstevens22208 ай бұрын

    What if the PPT actually stops backstopping most problems.

  • @scienceoffinance1778
    @scienceoffinance17788 ай бұрын

    Some cheap stocks are still out there, Hershey, HP, C

  • @thomasweilbacher1812
    @thomasweilbacher18128 ай бұрын

    i just want everybody busy and changing iam a adult now not 9 people like there stuf 9 and up

  • @stevenmorris2293
    @stevenmorris22938 ай бұрын

    Scammers Delight !! Posted by the scammers who always list their fake financial advisors with their middle name as well as their marital status 😆😁

  • @jaygold4467
    @jaygold44678 ай бұрын

    This guy is clueless. He doesn't want increased bank reserves.

Келесі