‘Big Short’ Investor Rescinds Forecast of Trump Win, Calls Election a Toss-Up
- Neuberger Berman portfolio manager has ‘no idea’ who will win
- He said the markets will be ‘fine’ unless the Democrats sweep
This article is for subscribers only.
Neuberger Berman senior portfolio manager Steve Eisman said he has “no idea” who will win the US presidential election — reversing an earlier prediction that Donald Trump would triumph — but said the markets will be fine in any scenario apart from a sweep by Democrats.
“I withdraw the prediction,” Eisman said Thursday in a Bloomberg Television interview, citing President Joe Biden’s decision to drop out. In July, he said Trump would win regardless of whether that happened.