Carl Icahn, who is currently speaking at the Reuters Global Investment Outlook Summit, just poured cold water over the Fed’s 16,000 DJIA EOD price target.
- ICAHN: ‘VERY CAUTIOUS ON EQUITIES, MARKET COULD EASILY HAVE BIG DROP‘
- ICAHN SAYS MANY COS. EARNINGS ARE A ‘MIRAGE,’ REUTERS SAYS
- ICAHN: DOESN’T WANT FIGHT WITH APPLE,NO PLANS TO WALK AWAY
But… but.. two POMOs… Still, not too late for K-Fed and his merry unlimited balance sheet trading men to pull a record third POMO today and keep the “wealth effect” illusion going.
via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/nJ_NDt2f0Zo/story01.htm Tyler Durden