Steve Eisman says the regional banks could have problems 6, 9 or 12 months from now because of the lag time for bad CRE to filter through the system.
Warren Buffett also says the only thing they aren’t sure of is whether to buy 3 month or 6 month T-Bills. Could the next round of the bank problems be around six months away? That would take us into early next year. Mr. Eisman does not see a recession on the horizon.