Icahn: "Earthquake Coming....People Will Pay The Price Like 1929"

"This is something we've never seen before... I don't remember ever seeing a market with this kind of volatility over two weeks."

"The market has become a much more dangerous place [due to index funds and ETFs]... it's like 2008 where everyone was buying mortgages and CDS.....There is going to be a major, major, major correction.There is a huge bubble of passive money flowing in... a sort of euphoria and a lot of people are going to pay the price just like in 1929."

 

https://www.zerohedge.com/news/2018-02-06/market-earthquake-coming-icahn-warns-lot-people-will-pay-price-1929

 

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