Carl Icahn is a famous activist investor and so-called corporate raider. His opinions are seasoned and regarded as reliable indicators of market confidence. A recent appearance on the show "Closing Bell Overtime." carried a grim tone for an uncertain future.
The problem? Inflation has surged to a 40 year high, causing the Federal Reserve to raise interest rates for the first time in three years. Many factors contribute to the instability and ongoing Russian aggression in Europe has only worsened matters. Icahn believes weak leadership leads to disaster. Despite "some very fine companies, and some very fine CEOs," he says a lack of accountability in Corporate America means many are not up to the task
Telling it like it is - OK, so if the plane is making a sudden and unexpected stop, what do we do to prepare?