Carl Icahn Is Hedging, Warns A Big Correction Is “Definitely Coming”

While he still holds many stocks, Billionaire investor Carl Icahn joins the ranks of many of his billionaire market-watchers and is “hedging with S&P Puts,” because he is “concerned about the whole economy.” As he explains in this brief clip, “you can’t keep an economy up just from The Fed,” and with The Fed withdrawing from its money-printing largesse, Icahn concludes, a big correction “is definitely coming, it’s just a matter of when.”

This post was published at Zero Hedge on 10/09/2014.