Subject: Re: Carl Icahn says market will implode.
> On Tuesday, February 6, 2018 at 8:32:25 PM UTC-5, Michael Press wrote:
> > Carl Icahn says market will implode.
> > Prediction or promise?
> Does he have a date in mind?
He does not say.
| Billionaire Carl Icahn told CNBC on Tuesday there are too many
| exotic, leveraged products for investors to trade, and one day
| these securities are going to blow up the market.
| The market is a "casino on steroids" with all these
| exchange-traded funds and exchange-traded notes, he said.
| These funds, especially the leveraged ones, are the "fault lines"
| that will eventually lead to an earthquake on Wall Street, he
| said. "These are just the beginnings of a rumbling."