How Carl Icahn Is Positioning for a Possible Recession

 

Carl Icahn told CNBC on Tuesday there could be a recession “or worse” in America ahead. The founder and chairman of Icahn Enterprises said surging inflation is a major threat to the economy, while the Russia-Ukraine war only added more uncertainty to his outlook.

 

Even with the Federal Reserve raising interest rates in an attempt to battle inflation, Icahn believes there is going to be a "rough landing."

 

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