Writers Strike Optimism & Bank Stocks “Univestable” 9/21/23

The Federal Reserve held rates steady but pointed to another hike this year. CNBC’s Steve Liesman discusses the Fed’s latest decision. Steve Eisman, the “Big Short” investor who called and profited from the subprime mortgage crisis, says he’s staying away from bank stocks. The Neuberger Berman senior portfolio manager, also discussed the latest market trends, the Fed’s inflation fight, the state of the banking sector, and more. Plus, CNBC’s David Faber reports writers and producers are near an agreement to end the Writers Guild of America strike after meeting face-to-face yesterday.<br /><br />Here is the episode of Glenn Close speaking at Berkshire Hathaway’s shareholder meeting on the Hollywood writers strike and A.I. This episode published May 6th, 2023: https://podcasts.apple.com/us/podcast/squawk-pod/id1480890290?i=1000612150771<br />Steve Liesman - 8:28Steve Eisman - 16:34David Faber - 29:25<br /><br />In this episode:<br />David Faber, @davidfaberSteve Liesman, @steveliesman<br />Joe Kernen, @JoeSquawk<br />Becky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie