Activist investor Carl Icahn said on Monday he is very cautious on the stock market, saying he could see a big drop because earnings at many companies are...

Matt Felsman
Matt Felsman Asia Pacific Prudential Securities Pty Ltd

Activist investor Carl Icahn said on Monday he is very cautious on the stock market, saying he could see a big drop because earnings at many companies are fueled more by low borrowing costs rather than the strength of management. Icahn's comments were blamed for knocking markets off record highs hit earlier in the day. (VIEW LINK)

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