Icahn: The market will one day 'implode' because of these wacky funds using so much leverage
Published 11 Hours AgoUpdated 8 Hours AgoCNBC.com
https://www.cnbc.com/2018/02/06/bil...the-current-market-is-a-rumbling-warning.html
- There are too many exotic, leveraged products and one day these securities are going to blow up the market, Carl Icahn tells CNBC.
- The billionaire investor says, "The market itself is way over-leveraged," and at some point could "implode."
- But for now, he believes, "This thing will probably bounce back."
Published 11 Hours AgoUpdated 8 Hours AgoCNBC.com
https://www.cnbc.com/2018/02/06/bil...the-current-market-is-a-rumbling-warning.html