Our dear friend Steve Eisman, that intrepid chap who once fancied himself as the doom prophet of housing, is presently adopting the financial equivalent of a stiff upper lip and a cup of tea—simply watching and waiting on the grand stock market stage.
In a recent chinwag with CNBC (the electronic oracle of all things finance), Steve confided that he’s been busy tightening the bolts on his portfolio’s risk—because who doesn’t enjoy a bit of rain shelter when the market weather turns erratic?
“I’m waiting. I reckon this rollercoaster of market madness is going to chug along quite a spell. Thanks to the Trump Administration’s diplomatic dance with various nations over a smorgasbord of issues, we’re not looking at a quick two-step but a marathon tango. So, volatility? Expect it to linger like an unwelcome but persistent party guest.”
Ah yes, volatility — that charming scamp who crashes the market ball just when you think you’ve nailed the fox-trot. Eisman, famed for his prescient anti-housing gambit before the subprime hullabaloo, now tosses his hat toward stalwarts like Nvidia and Apollo Global Management. The long game, it seems, is where the spoils lie, even if the short run looks about as predictable as a cat in a room full of rocking chairs.
“Honestly, predicting these next few months is akin to reading tea leaves in an earthquake. The lone variable holding court is none other than the President of the United States himself—whose moves currently defy even the keenest handicapper. I’m waving a white flag on that front.”
Talking specifically about NVIDIA, Eisman claims we’ve only just passed the first inning of the AI revolution. Imagine that! The mighty tech titan is still flexing its muscles and, according to Steve, there’s plenty of juice left in the AI lemonade stand.
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2025-04-18 03:03