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'Big Short' Investor Steve Eisman Holds Off On Bond Purchases — Says Fed's Powell 'Just As Confused' As Everyone Else On Economy
Thursday, November 2, 2023 - 8:54pm | 603Read More...Big Short’ investor Steve Eisman has announced his decision to refrain from buying bonds, attributing his caution to the uncertain economic stance of Federal Reserve Chairman Jerome Powell. What Happened: Eisman, who is widely recognized for his accurate prediction of the 2008 market crash,...
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WATCH: Steve Eisman, Kevin O'Leary Sound Alarm On Potential Commercial Real Estate Crisis - 2008 All Over Again?
Tuesday, October 24, 2023 - 9:16am | 330Read More...Picture This: Major investors are issuing cryptic warnings, and it's time to pay attention. Remember Steve Eisman, the character portrayed by Steve Carell in "The Big Short"? His recent message is hard to dismiss: "Do I Think Office Real Estate Is Gonna Be A Problem, Yes We do....
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Why Bank Stocks Are 'Uninvestable': Steve Eisman Explains Bearish Stance On Financial Sector Ahead Of JPM, Citi Earnings
Thursday, October 12, 2023 - 6:26am | 460Read More...As big banks JPMorgan Chase & Co. (NYSE:JPM), Citigroup, Inc. (NYSE:C) and Wells Fargo & Co. (NYSE:WFC) herald the start of the bank earnings season, a big short investor reiterated his bearish stance on the sector. What Happened: Banks continue to be uninvestable, said Steve Eisman,...
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This 'Big Short' Investor Is Taking The Plunge Into Infrastructure: 'There's Plenty Of Other Stories Other Than Tech'
Sunday, June 18, 2023 - 1:47pm | 446Read More...Steve Eisman, the renowned investor famous for accurately predicting the 2008 financial crisis portrayed in the book and movie "The Big Short," is betting on U.S. infrastructure. In an interview on Bloomberg's "Odd Lots" podcast on Friday, Eisman said that the so-...
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Danny Moses Talks Cannabis Stocks, Private Markets: 'I Don't See A Reason Right Now To Short'
Friday, December 7, 2018 - 3:04pm | 996Read More...Danny Moses is a well-known investor who navigated the 2007-2008 financial crisis as the head trader at Steve Eisman's FrontPoint Partners. The story of how FrontPoint made a killing by betting against collateralized debt obligations has been documented in Michael Lewis’ book “The...
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Today In Cryptocurrecy: CoinDesk Consensus Kicks Off, Eisman Says Cryptos Have No Purpose
Monday, May 14, 2018 - 5:11pm | 503Read More...The cryptocurrency market started off a big week with sluggish performance on Monday, with most major currencies trading up or down less than 1.5 percent. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move....
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Fund Manager From 'The Big Short' Warns On Subprime Auto Loan Concerns
Sunday, April 2, 2017 - 1:07pm | 532Read More...Everyone is worried about the subprime auto market, including Neuberger Berman Group Fund Manager Steve Eisman. “Banks make mistakes on credit quality, and we are in an environment where credit quality has never been this good in anyone’s lifetime, with the one exception of subprime...
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Invest For Kids Earns More Than $1.3 Million For Chicago Kids
Wednesday, November 13, 2013 - 2:54pm | 670Read More...Invest For Kids, Chicago's premiere investable ideas conference, held its annual event late last month. Approximately 1,000 investors attended, bringing in more than $1.3 million. "[That's] a new record in terms of attendance and a new record in terms of funds raised," Ron Levin, who co-founded...
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4 Stocks For Buffett: 4 Names With High Return On Equity
Thursday, June 9, 2011 - 12:47pm | 509Read More...Return on equity (ROE) is the one number that Warren Buffet has said that you can not fake. You either have it, or you do not. A higher return on equity means the company is able to leverage its dollars into a return on the investment it is making, and continue to build the business. The stock...
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Steve Eisman Asks If U.S. Financials Are Dead Forever
Thursday, May 26, 2011 - 2:48pm | 243Read More...Steve Eisman of FrontPoint Financial Services Fund was at the Ira Sohn Conference yesterday, and he asked whether U.S. financials were dead forever. Eisman said that capital funding is no longer an issue here in the U.S., and Tier 1 capital ratios are strong. There are a number of reasons for the...
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From Indiana U To For Profit Education?
Thursday, May 26, 2011 - 12:00pm | 382Read More...At the Ira Sohn Conference, Sunjay Gorawara, a senior from Indiana University won the stock picking contest out of hundreds of applicants, with his pick, a surprising choice, especially for him. Gorawara chose a competitor to the public education sector, Bridgepoint Education, Inc. (NYSE: BPI), a...
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The Next "Big Short"
Wednesday, September 15, 2010 - 2:54pm | 245Read More...On Wednesday's edition of The Strategy Session, hosts Gary Kaminsky and David Faber brought on special guest Steve Eisman of FrontPoint Partners. Eisman is most well known for betting against sub-prime mortgages in the recent housing crisis. Eisman was brought on the show to shed some light on a...
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Steve Eisman Is Shorting Strayer (STRA)
Monday, August 30, 2010 - 12:52pm | 233Read More...CNBC's Herb Greenberg is reporting that hedge fund manager Steve Eisman has recently established a short position in Strayer Education (NASDAQ: STRA). On May 24th, Eisman revealed that he was shorting private education stocks in a presentation entitled "Sub-prime Goes To College." Strayer (STRA),...
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Education Names Catching A Bid After Brutal Sell-Off (STRA, LOPE, CPLA, LINC)
Wednesday, August 18, 2010 - 2:40pm | 205Read More...A number of private education stocks are rising on unusual volume today after the sector was crushed on Monday when the Department of Education released a report showing that nearly two-thirds of the schools' students did not repay federal loans. Among the names that have been particularly active...
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Benzinga's After Hours Decliners (CHK, MCO, RMBS, CSTR, APOL)
Wednesday, May 26, 2010 - 7:10pm | 430Read More...Among the notable names that are moving lower in the after hours trading session are Chesapeake Energy (NYSE: CHK), Moody's Corp. (NYSE: MCO), Rambus (NASDAQ: RMBS), Coinstar (NASDAQ: CSTR), and Apollo Group (NASDAQ: APOL). Chesapeake Energy (CHK) has moved 3.12% lower to $20.50 in the late...
