Big Short's Eisman Is Shorting Two U.K. Banks on Brexit

Steve Eisman, known for his bets against mortgages before the 2008 crisis, is now shorting UK banks due to Brexit uncertainties. He predicts a no-deal Brexit could harm the UK economy and has identified 50 UK companies to potentially short if Jeremy Corbyn becomes Prime Minister. Eisman believes a deal with the EU might be struck down by Parliament, leading to a hard Brexit scenario. He is cautious about investing in the UK under these political conditions.

What is Steve Eisman's current strategy regarding UK banks?

• Avoiding any involvement with UK banks

• Buying shares in UK banks

• Shorting two UK banks

• Investing heavily in UK banks

Why is Steve Eisman concerned about Brexit?

• He believes a deal will be accepted by Parliament

• He thinks a deal will be struck down, leading to a hard Brexit

• He is worried about trade wars with the US

• He is optimistic about the UK economy post-Brexit

What is the potential impact of a hard Brexit according to Eisman?

• Increased trade with the EU

• Positive growth in the banking sector

• Negative impact on the banking sector and broader economy

• No impact on the UK economy

What does Steve Eisman predict if Jeremy Corbyn becomes Prime Minister?

• The UK economy will thrive

• There will be no significant changes

• He will short 50 UK companies

• He will invest in UK companies

Has Steve Eisman disclosed the specific UK companies he plans to short?

• He has disclosed half of the companies

• No, he has not disclosed any specific companies

• He plans to disclose them soon

• Yes, he has listed all 50 companies