From: Michael Press <rubrum@pacbell.net>
Subject: Re: Carl Icahn says market will implode.
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From: Michael Press <rubrum@pacbell.net>
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Subject: Re: Carl Icahn says market will implode.
Date: Tue, 06 Feb 2018 19:16:51 -0800
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In article<858be140-0853-49b1-a0b8-0a745a7e455f@googlegroups.com>,
 JGibson<james.m.gibson@gmail.com> wrote:

> 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."

<https://www.cnbc.com/2018/02/06/billionaire-investor-carl-icahn-ther...

-- 
Michael Press