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'Blissful' Investor Steve Eisman Shrugs Off Warnings on US Deficit, Stocks

'Blissful' Investor Steve Eisman Shrugs Off Warnings on US Deficit, Stocks
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'Big Short' Investor Steve Eisman Shrugs Off Warnings on US Deficit, Stocks

(Bloomberg) Steve Eisman, best known for his “Big Short” bet against subprime mortgages, said he’s now “more long-oriented” on the US market despite others’ deep concerns about ballooning federal deficits and crowding in stocks.Most Read from BloombergMusk Says First Neuralink Patient Received Implant in BrainMusk Risks Losing World’s Richest Title After Pay Package VoidedTech Giants Slide in Late Trading After Earnings: Markets WrapUPS CEO Kicks Off Productivity Drive by Cutting 12,000 Manag

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Eisman's Biggest Short Is Subprime Lender Credit Acceptance

Eisman’s Biggest Short Is Subprime Lender Credit Acceptance Bloomberg 1/22/2021 Shahien Nasiripour © Photographer: Bloomberg/Bloomberg Steve Eisman, managing director of Neuberger Berman Group LLC, listens during a Bloomberg Television interview in New York, U.S., on Friday, March 31, 2017. Eisman said he\ s concerned about the U.S. subprime-auto market, even though credit quality across the banking system has improved significantly. (Bloomberg) Steve Eisman, the Neuberger Berman Group portfolio manager made famous by successfully wagering against subprime loans a decade ago, said his biggest short now is auto lender Credit Acceptance Corp. because he expects the company to face a crackdown from regulators.

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