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Sun, 2019-12-01 22:06

NEW YORK: Could it be the trade war? What about next year’s US presidential election? For famed investor Steve Eisman, the cause of the next recession is up in the air.

“It’s too hard to predict at this point,” said Eisman, who anticipated the 2008 financial crisis and served as the basis for Steve Carell’s character in “The Big Short.”

“What happened in 2007, 2008, 2009 was a systemic crisis,” said Eisman, who was one of the earliest investors to correctly read the subprime mortgage problem and invest accordingly.

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