Interesting how over 2% inflation has been a concern when central banks and the Fed begin to hike interest rates. I consider the rising interest rate to be a very serious issue since it will undoubtedly cause more investors to withdraw their money from the stock market. But then I'm still aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.

I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $400k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat

Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025

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I'm so tired of living paycheck to paycheck. Does anyone have any tips on how to start building wealth?

"Big Short" investor Steve Eisman said the sizzling stock market rally can run on as long as the US economy stays strong. I’ve been sitting on over $345K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.

Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

Investors appear to be skeptical about the Federal Reserve's intention to extend the interest rate pause. In terms of myself, I'm at a loss as to whether or not to put $150k into my stock portfolio. I want to know what the best plan of action is to take advantage of this market.

This man is unaffected by inflation

Here’s an idea: let the guest talk without interrupting

For those of us who have a working memory, back in 2007 the Fed cut rates and everyone thought we had a "soft landing" then 2008 happened. We need to learn from history.

Weird day with the CNBC hosts sounding more intelligent than a highly respected expert. And the comment section filled with thoughtful critiques.

I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.

Wall Street people doing good as that men said. He does not feel inflation cause he don't care how much egs are or milk.

This is a prime example of someone being right once doesn't mean they are right about anything else.

I leave the grocery store with about 30% less than I did about three years ago. which sucks.

Love Joe. Keeping it real regarding inflation and not letting Eisman get away with a bit of nonsense. Prices are up big time and many people are much worse off than they were pre pandemic despite any measly wage increase. Keep it up Joe!

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

@cnbc, How long before Kernen retires? It would be nice to hear a business guest talk without being cut off before he/she finishes their statement.

What did I learn from this convo? Nothing……..

As someone who sees week in and week out that suppliers/manufacturers are still raising prices consistently. He’s 100% right that it’s not looking likely for any rate cuts this year with inflation still hanging around 4% and true inflation much higher, definitely increasing faster than wages. They cut rates now, and you’ll see dramatically more inflation.

no mention of massive government deficit spending?

If inflation is the concern then cutting rates would be foolish. Why does anyone think cutting rates would mitigate inflation in any way.

Finally, someone with a head. Housing is going up again. In the state of Utah Housing is up 5% year over year. Inflation is still going up more than 2%.

What a CLOWN! This just proves how out of touch some of these folks really are. I went through the McDonalds drive through, spent $4.09 on just fries, and the cashier was telling me about her other job. Inflation hurts the bottom class the most as they are usually the last ones to touch the money.. those closer to the printer aren't as affected.

They should rename this show: Talking My Book.

Funny how CNBC will acknowledge it's a weak economy in one video and in this video say it's a strong economy.

I think this guy is smart, but I don't see why he is saying the economy is fine. We went to the market this week to get some mayonnaise for deviled eggs and they wanted $8 for a bottle. Are you kidding me? Here is another data point: everyone I know is seeing layoffs at their companies. That being said, I do agree the Fed should leave rates alone. If they lower rates, we will see prices go up even more.

Loved the "Let them eat cake comment"!

No cuts is my base case. Until real estate drops more (insurance, property taxes too) inflation will remain elevated.

Steve Eisman is a great man!! The Data is not weak! Love him (No Diddy). When he put up his hand to ask if there was any % chance of a bubble in The film and the guy said no, the way he got up and left while calling his colleagues was Brilliant. Much Respect to Mr Eisman.

Recession is needed ASAP

Joe is so biased it hurts to watch.

It’s crazy how they are saying everything is good? They obviously don’t have to worry about money and don’t see what is really going on out there. CNBC, REAL PEOPLE ARE STRUGGLING!!!!!!!!!

Of course there should not be funds rate cuts this year, because the funds rate is not sufficiently restrictive. But that is not the only thing they have to worry about.

This election year makes me feel like: don’t trust experts’ words. 🤐

While Tom Lee wants 3-5 rate cuts this year.

That’s right. Price for everything is still too high. Thank you for keep saying that.

I agree with Eisman, if the concern is high prices then for sure keep rates steady. I think industrial policy is more helpful than Fed.

Joe will always find something to complain about while loving the sound of his own voice...

Maybe people are starting to see that the movie, though great, was not accurate

love to hear from Steve Eisman, always frank and to the point. They should just let him talk if they invite him to the show

Joe..talk less, listen more please....

Print , Print , Print , ..........Spend , Spend , Spend , .......Okey....It's all good .......!!!

This guy got lucky once and now everyone thinks he’s the new stock messiah. He hasn’t done anything since.

The bonds vs stocks via interest rates dynamic is just not relavant because everything is just cruising along at mild rates, so it doesnt matter, and so why change the rates?

Steve is right. There is no point talking about a rate cut with a runaway economy.Let it self heal. Markets are designed to head to equilibrium

No rate cuts in an election year.. no chance.

Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

Clearly nothing like his movie fantasy character. Completely out of touch with the “little guy” on Main Street that his character pretended to care so much about.

I liked this today. He’s right. Things are really good, very nice and as investors naturally no one can believe it. This is on easier game mode; rare thing.

Steve, one of the smartest guys on Wall Street.

It is interesting that no guest will say the obvious. The stock market is up because of runaway government spending, it is not AI or productivity gains. The real question is what will happen to the stock market if the US deficient gets to 3-4% of GDP.

"The Economy is Fine" -- Steve Eisman What hole is Eisman living in?

I’ll like to see a debate with Joe Scarborough MSNBC vs Joe Kernen CNBC About politics

These people can't see outside their bubble. It's amazing

How economy is fine, when we have highest ever DEBT which is growing rapidly ..,

That was one of the most out of touch perspectives I’ve seen for a while. That’s someone who’s like yeah, my expenses are $5M/month but I still make $25M/month so the economy is great. Ask your local server or any adult below the age of 35. You could get a “true” perspective.

There is an incredible return on infrastructure investment. The feds need to keep interest rates up so that when a recession does hit they have the power to lower interest rates. It's their #1 defense against recession.

Completely agree..No fed rate cuts..I talked about the Federal reserve's last meeting and inflation on my channel 2 weeks ago and give current updates

News Flash! Billionaire not affected by price of eggs doubling in 3 years.

The cost of things generally go up a bit every 5 years so it’s possible to say that the inflation we have experienced is a normal rate of exposure.

The guest has it wrong. He said he is not calling for deflation I am and here is why. If the Fed is claiming their 2% inflation target is both the goal and one the two dual mandates than we must have deflation for awhile. We we were running with high inflation during part of 2021 all of 2022 and.part of 2023. The Fed started hiking to late by their own admission. Therefore we need deflation for a 12-18 months or so to average the 2% looking back over the last two years. If not than we allow for high inflation and create new permanent high price hikes on things like rent, house prices, food, car sales etc etc If the Fed just focuses on a 2% target going forward without correcting for its own mistakes than the 2% target is bogus and the people get burned with permanent new higher costs over a short time frame. Essentially, what we need is a single mandate Stable prices, low or no inflation, strong dollar policy. Prices going up will be a by product of supply and demand in the private marketplace

Yes, you can't have everything. For example, you can't have a fiscal spending manufactured economy without hurting the middle class.

Joe has lost his ability to focus on financial issues, as his personal political views obscue his ability to allow his guest to speak unencumbered.

One reason to cut can be real rates are too high on historical basis... 5.5% rates with inflation at 2.5% don't make sense. Now, before they cut rates they have to make sure inflation is stable at least around 2.5%... and going to 2% next year, otherwise better not to cut because then they'll have to rise again next year. A better move would be beginning with yield curve control (YCC), say put a ceiling of 4.5%/5% or whatever number is appropriate on the 10-year, to control excessive long-term debt costs and let fed fund rates at 5.5% to make sure inflation does not pick up.

Uh.. why should they cut rates? Because they are anticipatory not reactionary? That would be a start ..

refinancing costs and earning will be problematic.

Dive further into the rabbit hole beyond inflation to find what most non elitist people are angry at...and you will find a general dissatisfaction about many things. Truth is that inflation's just one statistic. Our media today continues to push a narrative that we should all shut up and take what we're given and be happy about it. Eisman once took time to visit Florida housing developments during the 08 market collapse to confirm his thesis...maybe he should get off the couch and do something similar this time.

I hear Eisman saying that the economy looks fine for the rich. Yet in reality it's a fireball.

If I was a Judge . . . Joe gets called out for 'leading the witness' (doesn't work with Steve), Becky is both beautiful and smart , MSNBC awaits Andrew's introduction

On average, wages for lower income folks have actually been increasing at faster than the rate of inflation.

35 trill in debt to service............ make it 10% and see what happens!

Why none wants deflation? I want deflation. I want my purchasing power to increase. Only government and debtors want inflation at the expense of citizens.

Yep sounds about right

Newsflash CNBC and guest: today's American prosperity is BORROWED prosperity.

Commodities are rising sharply so the Fed should raise rates. Inflation is too high.

Typical “rich guy” talk about how everything’s great and inflation having gone up 30% is no big deal. We need to tax these elitists 30% more and see if he still thinks it’s no big deal.

But higher interest rates push up prices in the first place, no?

This is the most clear as day distinction between Wall Street mega-millionaires and normal everyday people. “But inflation is still around at like 30%” “Eh yeah but we’re fine” “People are struggling to pay for groceries” “Yeah, but the economy’s fine” “Fine for rich people like us maybe” “Nah, everyone’s fine. Wages are up, they should be happy!”

This clip embodies the Leslie Nelson meme… everything is fine!

.... one wealthy guy in the room is seeing it from the perspective of the average person, the others are fighting tooth and nail that everything is fine, things are pretty good, yes the average person had less purchasing power and wage increases haven't kept up with inflation, but we've benefited from it because we own the businesses that have been little effected and much rewarded.

he said let them eat cakehad me rolling haha

I love how Steve has to take multiple moments here and there to stare into Joe's soul.

It is because everything is going fine i decided to reduce all my expenses by 30%. When economy will go bad and prices start normalise i might consider increase spending. I think each one of us should cut spending NOW.

It’s pretty simple you’re not going to get recession with deficit spending by govt at this level. You would have thought the Bond market would punish them for it but it’s not so why would equities short circuit?

Love it.....when everyone is complacent is when there ris no more.money left to go in...

Yes I agree! Fed has been so weak makes me sick

Joe, SHUT UP and let your guests speak!!!!

Roman empire was fine before collapse 😂. British empire too. The only reason that everything loooooks fine is the unparallel deficit spending AND stimmy checks. This is a zombie economy in my opinion.

Inflation is drastically down and the economy is great. I wouldn't lower rates. We're creating much healthier business operations without free money so that when the free money returns, it can actually go to real innovation.

Glad to be a young subsistence farmer and sinking my money into retirement right now. Yes, feed is up but finally able to offset with my own grow. Phew!

cutting rates now is crazy

McDonald's still had a dollar menu during the 2008-2011! Not anymore.

Inflation is inevitable. As the USA disrupts economies and shipping around the World there will only be more disruption of supply changes. As the USA seeks to cut off China there will only be much less affordable products. I needed a new seat belt for my truck. It took 9 weeks to get that part. A electric window control switch takes 90 days to get. One shop told me a person’s car is sitting in their lot 5 months waiting for a late model Chevy turbo. There are vehicles piled up at dealerships waiting for parts to repair the trucks, owners vehicles sitting on lots waiting. China, Russia, and BRICS are thriving compared to the USA.

No rate cuts... until everything bombs HARD this year.... then it'll drop to 0% instantly.

The American “dream” is shape shifting big time. Consumers will have to optimize their choices on every level and focus on long term security. Boats might not be rocking in this election year environment, but the tide is definitely going out.

So nobody will let the other person finish their sentence? Really?

I was paying 11% int on home loan in ‘81 The rates now are not too bad, the 0% was dumb, and does anyone think if int rates go down to say 4% grocery vendors all of them will lower their prices really ?? Hahaha no way Jose