Man Predicted Housing Crash Takes Stance on Current State of US Economy

Neuberger Berman portfolio manager Steve Eisman, who predicted the housing market crash, feels confident in the current state of the United States economy. If Eisman’s name isn’t ringing any bells the name Mark Baum may. Eisman, under the name of Baum, was a lead character in “The Big Short” and depicted by actor Steve Carell. While everyone was buying into the housing market hype, Eisman was betting against subprime mortgages and when the market came crashing down in 2008, he cashed out.

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Source: I JR Red

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