Trump 'Really Serious' About Greenland, Says 'Big Short' Steve Eisman, Warns Rare Earth Battle Is 'Not A Positive' For Markets

Steve Eisman, the capitalist made celebrated by The Big Short, issued a stark informing to investors this week: President Donald Trump's ambition to acquisition Greenland is nary longer a diplomatic curiosity—it is simply a genuine economical risk.

In his latest play update, Eisman argued that the President is “really serious” astir the acquisition, a strategy that has already begun to rattle planetary markets.

According to Eisman, the administration's assertive stance is driven by a strategical tendency for unfettered entree to uncommon world metals, which are abundant successful Greenland.

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However, with 85% of Greenlanders reportedly opposed to joining the United States, the struggle has shifted from a transaction to a conflict of “credibility and ego” betwixt Trump and Europe.

“Just erstwhile everyone began to unbend into reasoning the hazard of tariffs negatively impacting the system was over, President Trump brought it close back,” Eisman said. To unit Denmark, the medication imposed escalating tariffs connected 8 European countries—starting astatine 10% successful February and rising to 25% by June.

The renewed commercialized tensions triggered contiguous volatility. Eisman noted that equity markets suffered a steep diminution aboriginal successful the week, portion the 30-year Treasury output jumped 9 ground points. The dollar besides declined arsenic investors grappled with the uncertainty.

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While markets rallied precocious Wednesday pursuing a vague announcement from President Trump regarding a “Greenland framework” reached with NATO—temporarily halting the February tariffs—Eisman remains skeptical of the reprieve.

Eisman frames this volatility done his caller concern taxable of “lone wolves”—contrarian figures similar Trump who unit their viewpoints onto the mainstream.

He cautioned that contempt the midweek rally, the deficiency of details surrounding the NATO statement suggests the struggle is unresolved.

“This is not a affirmative for the markets oregon for the planetary economy,” Eisman concluded, informing his listeners that contempt the intermission successful tariffs, “this communicative is acold from over.”

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The S&P 500, Dow Jones and Nasdaq 100 indices each fell successful the erstwhile shortened week.