Billionaire investor Carl Icahn warns investors 

Carl  Icahn is a financier from the United States. He founded and holds a majority of the stock in Icahn Enterprises. 

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Wall Street has regularly warned investors that a recession might be approaching throughout 2022. 

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The world’s leading economists have raised concerns about the possibility of a significant slump while pointing nearly unanimously to the maelstrom of challenges facing the global economy. 

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The brightest minds on Wall Street still believe that equities will continue to decline despite the S & P 500’s more than 21% decline this year. 

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The chairman of Icahn Enterprises, Carl Icahn, who has a $23 billion net worth, told MarketWatch on Wednesday at the Best New Ideas in Money Festival that “The worst is yet to come.” 

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Icahn, who is still one of Wall Street's most esteemed figures at age 86, has frequently warned this year that the U.S. economy and stock market are in jeopardy. 

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The investor claims that the Federal Reserve used near-zero interest rates throughout the epidemic to inflate asset prices to unsustainable levels. 

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Quantitative easing is a strategy where central banks purchase government bonds and mortgage backed securities in an effort to promote lending and investment. 

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Candace Cameron Bure discussed why she left Hallmark