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'Big Short' Star Steve Eisman Warns Middle Class Is 'Starting To Crack', Tax Refunds 'Went Into The Gas Tank'
Key takeaways
- Steve Eisman, who shorted subprime mortgages ahead of the 2008 crash, says the American middle class is showing signs of stress as gas prices erode household budgets following a strong tax refund season.
- Polymarket traders are pricing the odds of a U.S. recession by the end of 2026 at just 12%, with negative GDP growth in 2026 sitting at 11%.
- Here are the 5 hires founders most often misjudge — and why
'Big Short' Star Steve Eisman Warns Middle Class Is 'Starting To Crack', Tax Refunds 'Went Into The Gas Tank' 'Big Short' Star Steve Eisman Warns Middle Class Is 'Starting To Crack', Tax Refunds 'Went Into The Gas Tank' Daragh Thomas Mon, June 29, 2026 at 4:30 AM GMT+7 6 min read WMT HD AMZN COST Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Steve Eisman, who shorted subprime mortgages ahead of the 2008 crash, says the American middle class is showing signs of stress as gas prices erode household budgets following a strong tax refund season.
Polymarket traders are pricing the odds of a U.S. recession by the end of 2026 at just 12%, with negative GDP growth in 2026 sitting at 11%.
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