Market Volatility Set to Stay, Says ‘Big Short’ Investor as He Cuts Exposure
Steve Eisman, known for his “Big Short” bet against the housing market, says he’s reducing risk and taking a cautious stance amid ongoing market volatility.
In a CNBC interview, Eisman attributes the turbulence to complex, prolonged global negotiations under the Trump administration. While he remains uncertain about short-term stock movements, he highlights Nvidia and Apollo Global Management as strong long-term investments. Eisman believes Nvidia is still in the early stages of benefiting from the AI revolution, offering further growth potential.
Clever Robot News Desk 19th April 2025
