“Big Short” Investor Steve Eisman Isn’t Calling a Crash—But He Sees One Big Risk

On this episode

About this episode

Steve Eisman made his name betting against the housing market before the Global Financial Crisis—a trade immortalized in The Big Short . So when he sees risk building in the market, investors pay attention. But this time, Eisman isn’t predicting another crash. In fact, he’s net long. In this episode of In the Money with Amber Kanwar , Eisman explains why he remains cautiously bullish, even as he warns that the market has become dangerously dependent on one story: AI. He argues the S&P 500 is far less diversified than investors think, with much of the market now directly or indirectly tied to the AI buildout. He breaks down the extraordinary concentration he sees from NVIDIA (NVDA) to the…