Squawk Pod Steve Eisman’s Market Calls: Middle East Conflict & a Trade War 6/17/25
6 snips
Jun 17, 2025 
This podcast features Scott Gottlieb, the former FDA Commissioner and current board member for Pfizer, who discusses the vital effects of funding cuts on health research and the innovation pipeline. Additionally, investor Steve Eisman shares his outlook on market risks tied to the Israel-Iran conflict and the potential for a trade war, offering his unique insights on navigating these turbulent times. The discussion also hints at the emerging drama between OpenAI and Microsoft and the public market ambitions of crypto billionaire Justin Sun.
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Iran Nuclear Threat Perspectve
- Steve Eisman views the removal of the Iranian nuclear threat as positive for global security.
- He believes Iran's nuclear capability would have led to regional arms escalation and instability.
Trade War Risks Are Binary
- The risk of a global trade war is binary and could cause a recession.
- Europe complicates trade talks due to fragmented authority and veto power among member nations.
U.S. Deficit Fears Overstated
- Predictions about the U.S. deficit causing economic collapse have failed for 40 years.
- The dollar's reserve currency status persists because no viable alternative exists.