Tue, 27 September 2016
The FED doesn’t raise interest rates and Steve Eiseman from “The Big Short” talks about another big short!
The FED didn’t raise interest rates in September and this comes as no surprise to any listener of this show. Raising interest rates right before a presidential election is extremely improbable and our economy is not as strong as the “experts” believe! Steve Eiseman also has been in the news recently for his view on the economy. Steve Eiseman is the real life guy from the movie, “The Big Short.” This guy made million shorting subprime mortgages in 2007. He sees things will continue to slug along until the world loses faith in QE (money printing). Our economy has some rough times ahead. It’s best to prepare now while you still can!