--- title: "Meaning & Key Takeaway of: The only thing that I know for sure is…" description: "\"The only thing that I know for sure is that the people who invest in the U.K., those investors, believe strongly that the ramifications of a hard Brexi..." image: "https://sms4smile.com/quotes/i/778/steve-eisman-16245_bad_the-only-thing-that-i-know-for-sure-is-t_982209.jpg" --- # The only thing that I know for sure is that the people who… ![“The only thing that I know for sure is that the people who invest in the U.K., those investors, believe strongly that the ramifications of a hard Brexit are very bad, and they believe that a recession will take place in the U.K., and that would clearly be negative for banks of the U.K.” quote by Steve Eisman](https://sms4smile.com/quotes/i/778/steve-eisman-16245_bad_the-only-thing-that-i-know-for-sure-is-t_982209.jpg) [Download](https://sms4smile.com/quotes/i/778/steve-eisman-16245_bad_the-only-thing-that-i-know-for-sure-is-t_982209.jpg) [Open image](https://sms4smile.com/quotes/i/778/steve-eisman-16245_bad_the-only-thing-that-i-know-for-sure-is-t_982209.jpg) > “The only thing that I know for sure is that the people who invest in the U.K., those investors, believe strongly that the ramifications of a hard Brexit are very bad, and they believe that a recession will take place in the U.K., and that would clearly be negative for banks of the U.K.” [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Investors fear that a hard Brexit will cause a recession, harming UK banks and the broader economy. **In simple terms:** Brexit worries could hurt banks. Key Takeaway Monitor political risk. Themes economics political risk investment recession UK market Mood cautious analytical Type financial economic When to use this quote - portfolio management - policy analysis - banking strategy - financial planning Key Concepts macro‑economic analysis risk assessment Questions to Reflect On - How will you hedge against political uncertainty? - What indicators signal a Brexit impact? A Different Perspective Predictions may shift with new data. ★ ★ ★ ★ ★ No ratings yet [Brexit](https://sms4smile.com/quotes/about/brexit/) [Europe](https://sms4smile.com/quotes/about/europe/) [Investing](https://sms4smile.com/quotes/about/investing/) ## Related quotes > [I welcome the Independent Group as it is committed to saving the country from a catastrophic hard Brexit.](https://sms4smile.com/quotes/gina-miller/i-welcome-the-independent-group-as-it-is-committed-to-saving-the/) [Gina Miller](https://sms4smile.com/quotes/author/gina-miller/) > [For Liberal Democrats, the political choice between the hard Brexit menus offered by Boris Johnson and Jeremy Hunt might seem about as tempting as…](https://sms4smile.com/quotes/ed-davey/for-liberal-democrats-the-political-choice-between-the-hard-brexit/) [Ed Davey](https://sms4smile.com/quotes/author/ed-davey/) > [The Tories must stop focusing on their ideological obsession with a hard Brexit and their internal party divisions and start focusing on what is…](https://sms4smile.com/quotes/barry-gardiner/the-tories-must-stop-focusing-on-their-ideological-obsession-with-a/) [Barry Gardiner](https://sms4smile.com/quotes/author/barry-gardiner/) > [If the hard Brexit happens, I would assume that London wouldn't be the centre of the tech world in Europe.](https://sms4smile.com/quotes/taavet-hinrikus/if-the-hard-brexit-happens-i-would-assume-that-london-wouldn-t-be-the/) [Taavet Hinrikus](https://sms4smile.com/quotes/author/taavet-hinrikus/) > [What a travesty it is that the high priests of Leave in 2016, who insisted to all of us that Brexit would mean a…](https://sms4smile.com/quotes/gina-miller/what-a-travesty-it-is-that-the-high-priests-of-leave-in-2016-who/) [Gina Miller](https://sms4smile.com/quotes/author/gina-miller/) > [Something is going to have to give because, if it doesn't, not only will we get Jacob Rees-Mogg as our prime minister, we will…](https://sms4smile.com/quotes/anna-soubry/something-is-going-to-have-to-give-because-if-it-doesn-t-not-only/) [Anna Soubry](https://sms4smile.com/quotes/author/anna-soubry/) > [I fear a very hard Brexit, but I hope we will find a better solution.](https://sms4smile.com/quotes/erna-solberg/i-fear-a-very-hard-brexit-but-i-hope-we-will-find-a-better-solution/) [Erna Solberg](https://sms4smile.com/quotes/author/erna-solberg/) > [The Brexit decision is a decision we see very negatively. But, of course, it has been taken by the British people, so now we…](https://sms4smile.com/quotes/sebastian-kurz/the-brexit-decision-is-a-decision-we-see-very-negatively-but-of/) [Sebastian Kurz](https://sms4smile.com/quotes/author/sebastian-kurz/) > [The economic crisis caused by a hard Brexit or the democratic deficit of a soft Brexit both risk fuelling Britain's populist right.](https://sms4smile.com/quotes/wes-streeting/the-economic-crisis-caused-by-a-hard-brexit-or-the-democratic-deficit/) [Wes Streeting](https://sms4smile.com/quotes/author/wes-streeting/) > [If we had a vote in parliament, the majority of MPs would not vote for a hard Brexit.](https://sms4smile.com/quotes/anna-soubry/if-we-had-a-vote-in-parliament-the-majority-of-mps-would-not-vote-for/) [Anna Soubry](https://sms4smile.com/quotes/author/anna-soubry/) > [A hard Brexit would be so damaging to the true interests of the UK that what might follow - if we are lucky -…](https://sms4smile.com/quotes/david-olusoga/a-hard-brexit-would-be-so-damaging-to-the-true-interests-of-the-uk/) [David Olusoga](https://sms4smile.com/quotes/author/david-olusoga/) > [The country is polarised between those who would pursue a hard Brexit, which is where the prime minister is, and Remain.](https://sms4smile.com/quotes/david-gauke/the-country-is-polarised-between-those-who-would-pursue-a-hard-brexit/) [David Gauke](https://sms4smile.com/quotes/author/david-gauke/) > [The usual reason companies are funded or valued on the stock market for not having a current profit is because the investors believe there…](https://sms4smile.com/quotes/jeff-bewkes/the-usual-reason-companies-are-funded-or-valued-on-the-stock-market/) [Jeff Bewkes](https://sms4smile.com/quotes/author/jeff-bewkes/) > [Investors believe in the best possible outcome.](https://sms4smile.com/quotes/james-cook/investors-believe-in-the-best-possible-outcome/) [James Cook](https://sms4smile.com/quotes/author/james-cook/) > [The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans), prefer good…](https://sms4smile.com/quotes/jeremy-grantham/the-investment-business-has-taught-me-increasingly-as-the-years-have/) [Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/) ## More by Steve Eisman > [I've always felt there was something wrong with Wells Fargo's culture, for a very, very long time.](https://sms4smile.com/quotes/steve-eisman/i-ve-always-felt-there-was-something-wrong-with-wells-fargo-s-culture/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [I don't see the value in Tesla.](https://sms4smile.com/quotes/steve-eisman/i-don-t-see-the-value-in-tesla/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [The world needs more standardization, less innovation.](https://sms4smile.com/quotes/steve-eisman/the-world-needs-more-standardization-less-innovation/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [When you're levered 9 to 1, it'd be unreal for a bank to go down.](https://sms4smile.com/quotes/steve-eisman/when-you-re-levered-9-to-1-it-d-be-unreal-for-a-bank-to-go-down/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [That Wall Street has gone down because of this is justice ... They built a castle to rip people off. Not once in all…](https://sms4smile.com/quotes/steve-eisman/that-wall-street-has-gone-down-because-of-this-is-justice-they-built/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [It's not hard to have a second act. It's just that the second act's not going to be as exciting.](https://sms4smile.com/quotes/steve-eisman/it-s-not-hard-to-have-a-second-act-it-s-just-that-the-second-act-s/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [What value does cryptocurrency actually add? No one's been able to answer that question for me.](https://sms4smile.com/quotes/steve-eisman/what-value-does-cryptocurrency-actually-add-no-one-s-been-able-to/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [Do your own homework. I can't overstate the importance of this.](https://sms4smile.com/quotes/steve-eisman/do-your-own-homework-i-can-t-overstate-the-importance-of-this/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [Deutsche Bank is a problem bank.](https://sms4smile.com/quotes/steve-eisman/deutsche-bank-is-a-problem-bank/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [Elon Musk is a very, very smart man, but there are a lot of smart people in this world, and you've got to execute.…](https://sms4smile.com/quotes/steve-eisman/elon-musk-is-a-very-very-smart-man-but-there-are-a-lot-of-smart/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [Daniel Tarullo has more power of the U.S. banking system than anybody since Alexander Hamilton. That's not an exaggeration, by the way.](https://sms4smile.com/quotes/steve-eisman/daniel-tarullo-has-more-power-of-the-u-s-banking-system-than-anybody/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [My parents worked as brokers at Oppenheimer securities. They managed to finagle me a job.](https://sms4smile.com/quotes/steve-eisman/my-parents-worked-as-brokers-at-oppenheimer-securities-they-managed/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [I'm not really worried about England's banks.](https://sms4smile.com/quotes/steve-eisman/i-m-not-really-worried-about-england-s-banks/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [I know my Trotskyites well, and I know you don't want to be invested in the U.K. if a Trotskyite is prime minister.](https://sms4smile.com/quotes/steve-eisman/i-know-my-trotskyites-well-and-i-know-you-don-t-want-to-be-invested/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [I'm flattered anybody would call me a legend.](https://sms4smile.com/quotes/steve-eisman/i-m-flattered-anybody-would-call-me-a-legend/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) [Explore all 40 Steve Eisman quotes ](https://sms4smile.com/quotes/author/steve-eisman/) ## More Bad quotes > [If I am going to be phased out by whatever powers, then I want people to know that it is not because I am…](https://sms4smile.com/quotes/parvathy/if-i-am-going-to-be-phased-out-by-whatever-powers-then-i-want-people/) [Parvathy](https://sms4smile.com/quotes/author/parvathy/) > [Sometimes I'm in a bad mood, sometimes I'm in a good mood. It's like everyone else.](https://sms4smile.com/quotes/tricky/sometimes-i-m-in-a-bad-mood-sometimes-i-m-in-a-good-mood-it-s-like/) [Tricky](https://sms4smile.com/quotes/author/tricky/) > [Unfortunately, we all go through bad phases.](https://sms4smile.com/quotes/sushmita-sen/unfortunately-we-all-go-through-bad-phases/) [Sushmita Sen](https://sms4smile.com/quotes/author/sushmita-sen/) > [The Derby experience had not been good for me and the way it finished left a very bad taste in my mouth so I…](https://sms4smile.com/quotes/nigel-pearson/the-derby-experience-had-not-been-good-for-me-and-the-way-it-finished/) [Nigel Pearson](https://sms4smile.com/quotes/author/nigel-pearson/) > [What people tend to forget is the journey that I had getting to Formula One. There were plenty of years where I had to…](https://sms4smile.com/quotes/lewis-hamilton/what-people-tend-to-forget-is-the-journey-that-i-had-getting-to/) [Lewis Hamilton](https://sms4smile.com/quotes/author/lewis-hamilton/) > [Television, radio, social media. The 24/7 news cycle plows forward mercilessly on our desks, in our cars and in our pockets. Thousands and thousands…](https://sms4smile.com/quotes/joseph-prince/television-radio-social-media-the-24-7-news-cycle-plows-forward/) [Joseph Prince](https://sms4smile.com/quotes/author/joseph-prince/) > [I listen to heavy metal thanks to my son. When I argue with him on the kind of music he is listening to, he…](https://sms4smile.com/quotes/zeenat-aman/i-listen-to-heavy-metal-thanks-to-my-son-when-i-argue-with-him-on-the/) [Zeenat Aman](https://sms4smile.com/quotes/author/zeenat-aman/) > [I've said it before, good people are forced to do bad things.](https://sms4smile.com/quotes/angus-cloud/i-ve-said-it-before-good-people-are-forced-to-do-bad-things/) [Angus Cloud](https://sms4smile.com/quotes/author/angus-cloud/) > [“If any woman opens her legs for you, don't feel so lucky to be fed with nonsense, she has been a bitch for a…](https://sms4smile.com/quotes/michael-bassey-johnson/if-any-woman-opens-her-legs-for-you-don-t-feel-so-lucky-to-be-fed/) [Michael Bassey Johnson](https://sms4smile.com/quotes/author/michael-bassey-johnson/) > [One thing I always tell players is that there are three bad things: Nothing good happens after midnight, nothing good happens when you're around…](https://sms4smile.com/quotes/nick-saban/one-thing-i-always-tell-players-is-that-there-are-three-bad-things/) [Nick Saban](https://sms4smile.com/quotes/author/nick-saban/) > [Everybody has bad days, but how you respond to it is a testament to whether you are a winner or a loser.](https://sms4smile.com/quotes/aaron-gordon/everybody-has-bad-days-but-how-you-respond-to-it-is-a-testament-to/) [Aaron Gordon](https://sms4smile.com/quotes/author/aaron-gordon/) > [Obviously I'm very grateful 'Bad Guy' is doing so well - it's shocking and surprising and gratifying - but I do think it's important…](https://sms4smile.com/quotes/finneas/obviously-i-m-very-grateful-bad-guy-is-doing-so-well-it-s-shocking/) [Finneas](https://sms4smile.com/quotes/author/finneas/) > [I felt pretty good growing up. I didnt feel a lot of prejudice or racism. But I do remember, if there was going to…](https://sms4smile.com/quotes/david-henry-hwang/i-felt-pretty-good-growing-up-i-didnt-feel-a-lot-of-prejudice-or/) [David Henry Hwang](https://sms4smile.com/quotes/author/david-henry-hwang/) > [If you read 'Lord of the Rings' and dismiss it as a lie because it has orcs and elves, you're missing the whole point…](https://sms4smile.com/quotes/doug-tennapel/if-you-read-lord-of-the-rings-and-dismiss-it-as-a-lie-because-it-has/) [Doug TenNapel](https://sms4smile.com/quotes/author/doug-tennapel/) > [My conscience is really active. So I feel bad about spending excess amount of money on things.](https://sms4smile.com/quotes/syd/my-conscience-is-really-active-so-i-feel-bad-about-spending-excess/) [Syd](https://sms4smile.com/quotes/author/syd/) Browse all 7,973 Bad quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The only thing that I know for sure is that the people who invest in the U.K., those investors, believe strongly that the ramifications of a hard Brexit are very bad, and they believe that a recession will take place in the U.K., and that would clearly be negative for banks of the U.K.", "creator": { "@type": "Person", "name": "Steve Eisman" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/steve-eisman/the-only-thing-that-i-know-for-sure-is-that-the-people-who-invest-in/", "about": { "@type": "Thing", "name": "Bad" }, "@id": "https://sms4smile.com/quotes/steve-eisman/the-only-thing-that-i-know-for-sure-is-that-the-people-who-invest-in/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/778/steve-eisman-16245_bad_the-only-thing-that-i-know-for-sure-is-t_982209.jpg", "contentUrl": "https://sms4smile.com/quotes/i/778/steve-eisman-16245_bad_the-only-thing-that-i-know-for-sure-is-t_982209.jpg", "url": "https://sms4smile.com/quotes/i/778/steve-eisman-16245_bad_the-only-thing-that-i-know-for-sure-is-t_982209.jpg", "width": 1080, "height": 1080, "caption": "“The only thing that I know for sure is that the people who invest in the U.K., those investors, believe…” — Steve Eisman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Steve Eisman", "item": "https://sms4smile.com/quotes/author/steve-eisman/" }, { "@type": "ListItem", "position": 4, "name": "The only thing that I know...", "item": "https://sms4smile.com/quotes/steve-eisman/the-only-thing-that-i-know-for-sure-is-that-the-people-who-invest-in/" } ], "@id": "https://sms4smile.com/quotes/steve-eisman/the-only-thing-that-i-know-for-sure-is-that-the-people-who-invest-in/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```