{"id":16104,"date":"2025-06-03T01:46:14","date_gmt":"2025-06-03T01:46:14","guid":{"rendered":"https:\/\/finderica.com\/?p=16104"},"modified":"2025-06-03T01:46:14","modified_gmt":"2025-06-03T01:46:14","slug":"tariffs-are-my-only-concern-big-short-investor-steve-eisman-says","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=16104","title":{"rendered":"Tariffs are my only concern, &#8216;Big Short&#8217; investor Steve Eisman says"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Investor Steve Eisman of &#8220;The Big Short&#8221; fame thinks it&#8217;s dangerous to chase upside right now. &#8220;I have one concern, and that&#8217;s tariffs. That&#8217;s it,&#8221; the former Neuberger Berman senior portfolio manager told CNBC&#8217;s &#8221; Fast Money &#8221; on Monday. &#8220;The market has gotten pretty complacent about it.&#8221; Now podcast host of &#8220;The Real Eisman Playbook,&#8221; Eisman contends Wall Street is underestimating the complexity of ongoing U.S. trade negotiations with China and Europe. &#8220;I just don&#8217;t know how to handicap this because there&#8217;s just too many balls in the air,&#8221; said Eisman, who warns a full-blown trade war isn&#8217;t off the table . It appears Wall Street shrugged off tariff risks on Monday. Stocks started the month higher \u2014 with the Dow Industrials coming back from a 416-point deficit earlier in the session. The tech-heavy Nasdaq Composite also rebounded from earlier losses and gained 0.7%. Eisman, who&#8217;s known for successfully shorting the housing market ahead of the 2008 financial crisis, is still invested in the market despite his concern. &#8220;I am long only. I&#8217;ve taken some risk down, and I&#8217;m just sitting pat,&#8221; he added. Meanwhile, Eisman is downplaying risks tied to balancing the massive U.S. budget deficit . From &#8216;ridiculous&#8217; to &#8216;absurd&#8217; &#8220;If there was an alternative to Treasurys, I might be worried more about the deficit because I&#8217;d say if we don&#8217;t balance our budget, then people will sell our Treasurys and buy something else,&#8221; Eisman said. &#8220;But what else are they going to buy? They&#8217;re not going to buy bitcoin . It&#8217;s not big enough. They&#8217;re not going to buy Chinese bonds. That&#8217;s ridiculous. They&#8217;re not going to buy European or Italian bonds. That&#8217;s absurd.&#8221; He&#8217;s also not worried about firming U.S. Treasury yields. &#8220;The 10-year [Treasury note yield] has gone up, but it&#8217;s still 4.5%,&#8221; said Eisman. &#8220;It&#8217;s not like there&#8217;s some crazy sell-off.&#8221; The benchmark yield was at roughly 4.4% as of Monday night. What about the prospect of the 10-year yield topping 5%? &#8220;Relative to where it&#8217;s been because rates were zero, it&#8217;s high,&#8221; Eisman said. &#8220;But relative to history, it&#8217;s not that high.&#8221; Sign up for the Spotlight newsletter, a hand-curated collection of video clips selected by CNBC&#8217;s top editors and producers. Your daily recap of top business highlights and leading stories. Disclaimer<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/06\/02\/tariffs-are-my-only-concern-big-short-investor-steve-eisman-says.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investor Steve Eisman of &#8220;The Big Short&#8221; fame thinks it&#8217;s dangerous to chase upside right now. &#8220;I have one concern, and that&#8217;s tariffs. That&#8217;s it,&#8221; the former Neuberger Berman senior portfolio manager told CNBC&#8217;s &#8221; Fast Money &#8221; on Monday. &#8220;The market has gotten pretty complacent about it.&#8221; Now podcast host of &#8220;The Real Eisman<\/p>\n","protected":false},"author":1,"featured_media":16105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[242,6579,5440,901,1545,1647,178],"class_list":{"0":"post-16104","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-big","9":"tag-concern","10":"tag-eisman","11":"tag-investor","12":"tag-short","13":"tag-steve","14":"tag-tariffs"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/16104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16104"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/16104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/16105"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}