CNBC senior economics reporter
Media
3 dated public stances tracked since 2026-04-24, most recently 2026-10-28. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.
The stances below are c8alpha's editorial distillation of Steve Liesman's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. Steve Liesman is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
Think we got something wrong? Report a misattribution — we correct it or take it down.
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances. “% correct” is the share of those scored calls whose direction-aware return was positive at the horizon — in a rising market a bullish call is correct by default, so read it beside the market, not alone.
Scored calls
Every tracked call with at least one matured horizon: the rows behind the Returns
line above. A dash is a horizon that has not matured yet.
| Date | Name | Call | 90d | 180d | 1y |
|---|
| 2026-04-24 | Long Dur Treasuries | bearish | +3.0% | +5.3% | — |
Most-argued themes
| Theme | Stances | Lean | Mix | Last |
|---|
| HIGHER FED POLICY RATE | 1 | | 1 bullish | 2026-10-28 |
| Long Dur Treasuries | 1 | | 1 bearish | 2026-04-24 |
| USTS | 1 | | 1 neutral | 2026-10-27 |
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
2026-10-28
HIGHER FED POLICY RATE
bullish
CNBC (uncut) · uncut_tv
The Fed will need to raise rates because core PCE is expected to reach 3.1% and near-term inflation estimates point to a further increase.
“I think that the Fed is going to have to address this through rates.”
CNBC uncut 2026-10-28 15:15 ET (5 min)
2026-10-27
USTS
neutral
CNBC (uncut) · uncut_tv
Heavy capital demand and multiple sources of term premium should keep the 10-year Treasury yield within an elevated 5% to 5.5% range.
“There's a bottom of this range here, which is sort of 5 percent. There's a top that looks like it's five and a half percent.”
CNBC uncut 2026-10-27 13:40 ET (5 min)
2026-04-24
Long Dur Treasuries
bearish
CNBC Halftime Committee · video
The AI investment boom requires billions per week in capital, and basic economics dictates that surging demand for capital puts upward pressure on interest rates, making near-term Fed rate cuts counterproductive regardless of who chairs the Fed
“on the front end of this, there's a really good argument that it puts upward pressure on interest rates”
90d +3.0% · 180d +5.3%
The Committee reacts to the DOJ dropping its investigation into Fed Chair Jerome Powell
Idea Scout Weekly
Every Sunday: who said what across the tape we track —
1766 voices, 5,177 episodes and articles —
with side-flips and points of disagreement called out. Free.
How we track it.
Free · double opt-in · unsubscribe in one click
Follow an investor and their newest stances lead The Brief, the free morning email; these pages update every morning.