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

Group 1 - Steve Eisman warns that President Trump's ambition to purchase Greenland poses a genuine economic risk, moving beyond mere diplomatic curiosity [1][2] - The administration's aggressive stance is driven by a strategic desire for access to rare earth metals abundant in Greenland, which has begun to unsettle global markets [2] - 85% of Greenlanders reportedly oppose joining the United States, shifting the conflict from a transaction to a battle of credibility and ego between Trump and Europe [3] Group 2 - The imposition of escalating tariffs on eight European countries, starting at 10% in February and rising to 25% by June, has reignited concerns over trade tensions [4] - This renewed trade tension has led to immediate volatility in equity markets, with a steep decline early in the week and a nine basis point increase in the 30-year Treasury yield [5] - Despite a temporary market rally following a vague announcement regarding a "Greenland framework" with NATO, skepticism remains about the resolution of the conflict [6][7] Group 3 - Major benchmarks, including the S&P 500, Dow Jones, and Nasdaq 100 indices, all experienced declines in the previous shortened week [8]