17/09/18

"The Big Short's" Steve Eisman Reveals Where The Next Crisis Will Come From (And His Favorite Long Idea)



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"The Big Short's" Steve Eisman Reveals Where The Next Crisis Will Come From (And His Favorite Long Idea)
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Overnight, we presented the views of 4 people who saw the last financial crisis coming, and shared their outlook for the future. There was one name we forgot, however, perhaps the most famous of all: Steve Eisman, who was popularized by the movie The Big Short, and who not only "saw it coming", but made a lot of money in the process.

Now a fund manager at Neuberger Berman in New York, Eisman spoke to the Financial Post's Barbara Shecter about the crisis, its aftermath, and how he's investing now. Below we present the key highlights, including not only his takes on former Fed Chair Alan Greenspan, but also the Fed's response to the financial crisis, how markets responded to the crisis, his views on US, Canadian and European banks, the risks to the US economy, where the next crisis will come from, and what his favorite long idea is currently.

As published originally in the Financial Post

Steve Eisman, Hector Retamal / AFP / Getty Images

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