Steve Eisman says the Fed shouldn’t cut interest rates or it could create a stock market bubble

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Steve Eisman, portfolio manager at Neuberger Berman, said with the economy showing signs of continued strength and inflation slowing, it would be best for the Fed to stay on hold.
“Why cut rates? What I’m really worried about is that if the Fed does cut rates, the market will become frothy and then we’ll have real problems,” Eisman told CNBC.