Icahn calls U.S. stock market nosedive ‘rumblings of an earthquake’: CNBC


NEW YORK (Reuters) – Billionaire activist investor Carl Icahn warned on Tuesday that investors have exposure to “way too many derivatives” and called the stock market’s nosedive just “rumblings of an earthquake.” “The market is really not a place for the average person to be playing around with derivatives,” Icahn said on CNBC. Reporting by Jennifer Ablan; Editing by Richard ChangOur Standards:The Thomson Reuters Trust Principles.
Source: Reuters