© Reuters. FILE PHOTO: Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York
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.
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