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Carl Icahn: A Bubble Is Brewing

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Message James Quandy

“[Trump] is right on one thing ... in financial markets, I believe that there really is a bubble brewing,” he told FOX Business Network's Trish Regan during her appearance on Cavuto: Coast to Coast. 

Icahn said the current interest rate environment means danger ahead for the economy.

“Interest rates now are at a low that, in the history of the Federal Reserve, they’ve never been held down this long, and I don’t think that anyone will deny this is unchartered territory and it could be very, very destructive to our markets and our economy,” he said.

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Former small business owner now retired.

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