Steve Eisman and Donald Trump
Donald Trump has a strong chance of winning this fall, but Steve Eisman said it's no longer certain
  • Steve Eisman predicted earlier this summer that Donald Trump had a 100% chance of winning this fall.
  • But now that Joe Biden is out of the race, the "Big Short" investor is second-guessing those odds.
  • Eisman told Business Insider how markets will react, based on what happens in this fall's elections.

Over this summer, a famed investor who foresaw and capitalized on the housing bubble made another bold prediction — one that was sure to thrill half the country and frighten the other half.