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Carl Icahn to investors: 'The worst is yet to come'


Wall Street icon Carl Icahn has a warning for his fellow investors: “The worst is yet to come.” Speaking on Wednesday at MarketWatch’s Best New Ideas in Money Festival via a remote feed, the 86-year-old Icahn delivered that grim assessment of the economy, but also spoke of areas of opportunity for investors. It’s not hard to see why the billionaire investor could offer such a pessimistic view: The stock market saw its worst first half of the year since 1970...

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