Carl Icahn "Very Nervous" About Stocks Due To Fed's "Excessive Money Printing"

Tyler Durden's picture

Ironically, Carl Icahn - poster-child of the leveraged financial engineering that has overtaken US equity markets on the back of Central Bank largesse - told CNBC that he was "very nervous" about US equity markets. Refelecting on Yellen's apparent cluelessness of the consequences of her actions, and fearful of the build of derivative positions, Icahn says he's "worried" because if Yellen does not understand the end-game then "there's no argument - you have to worry about the excesssive printing of money!" So in 12 hours, we have been told: some sectors are stretched (Yellen), there is a bubble but we don't want to pop it (Fisher), when the Fed ends QE, there'll be abear market (Druckenmiller), and now Icahn is "worried about markets." Cue, Cramer explaining how none of these buffoons know anything about stocks...

"The Fed did a great job of dragging us out of themess that Wall Street created"


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NOTaREALmerican's picture

As Ben would say:  Well,  not literally. 

The Alarmist's picture

So he's talking his book how?

knukles's picture

Short everything but Apple
As in the iCan iWant strategy

Bunga Bunga's picture

Icant's secret code to his buddies: "buy with both hands, all you can".

Save_America1st's picture




Groundhog Day's picture

The game is as it always has been....confuse the shit out of the sheep before the slaughter

Sheep: Is that a chain saw i hear?

Shephard: No silly thats just some noise due to the renovation for your new pad....its a surprise so put on this blind fold

Burnbright's picture


Wall Street! Are you fucking kidding me! The Fed caused this mess. Jesus fuck!

NOTaREALmerican's picture

Well,  let's not overstate the facts.   The Fed has done very well for the top 10%.    So,  we shouldn't be too judgmental.

LetThemEatRand's picture

Most of the top 10% is going to get crushed when the inevitable occurs.  It's the .01% that the Fed is worried about, and you can guarantee those guys are already safely clear of the market.  The transitory wealth creation for the top 10% helps give the Fed cover.  When the house of cards comes down, the Fed will be first to blame some black swan that no one could have foreseen.

jackstraw001's picture

What's the next degree of fuller-er-er retard? I've lost track the last few years.

tumblemore's picture

The Fed is part of Wall St.

Temporalist's picture

Death is transitory

Nutflush60's picture

The longer it lasts, and it could go on the next year, the worse the crash will be. The scary part is that Yellen is relishing her a role as master of the universe. End the dual mandate-now

NOTaREALmerican's picture

You mean the dual mandate of:   Protect the banks and enrich the rich? 

Nutflush60's picture

Actually there is a third part. Expand their massive egos. POS meglamaniacs. 

TeamDepends's picture

I-CoN "very nervous" about the "printing of (money)"????  (Ground Control to Major Tom):  I 'm as free as a bird now....  And this bird can not change.  Bye Bye baby, it's been a sweet love.....

tahoebumsmith's picture

No really? How about you admit to contributing to the grand ponzi illusion to pad your own pockets? The only reason you did was because you can mainipulate markets, meaning you are a grand player in the ponzi! Maybe that's how you got your name douchebag, I 'CAN! Right along side O and the FED that puts the words on his teleprompter, We Can! Who's kidding who? I think you need to take a bath with Warren and figure this out...

OBTW you should definately take a bubble bath with Warren and blow some soap bubbles in the tub in between your belly laughs...


I sometimes wonder if these old cunts decide to get a little truthy when they get close to dying. Nah, probably not. 

Nutflush60's picture

Greenspan can't be far away, crickets from him.

Squid Viscous's picture

he still gets blown by that disgusting Andrea Mitchell once a month, so he has that going for him...

lotsoffun's picture

they do actually (get truthy) - i've seen it before - because

1 - he's still going to profit from it.

2 - even if his profit from it is illegal - nobody can touch him.

it's a bit of the 'i'm smarter than you thing'.

for example - sweet ol' warren buffett.  'derivatives weapons of mass destruction'.  but then - he weighed it all and saw that he could still go upside with it.  he told the truth - and nobody did anything about it, so he went in rectum deep.



WhackoWarner's picture

 Good old boy Warren made his bones during the decades where nobody could really lose. Think that idiot is smart?  Think again.

jaxville's picture

  It's about covering your ass.  These people will be able to avoid a well deserved lynching by saying they were warning folks now.   Few are listening and they know it but they are now on record.  Another dog and pony show.

AdvancingTime's picture

Regardless of what you name it the "Federal Reserve Nightmare" or the "Yellen conundrum", the box Ben Bernanke made when he painted both himself and the Federal Reserve in a corner remains. Bernanke has by passing the chairmanship to Yellen escaped from the QE trap but left the rest of us fully in its grasp.

With a policy of loose and cheap money  and an inflation target of just 2% the Federal Reserve  continues to please those gambling that not fighting the Fed guarantees profits.

As many Americans are forced to pay higher food, gasoline, and health insurance premiums, I wish someone would let the Fed know we have already passed their target. Any thought that inflation is not higher has come from the false illusion brought from lower payments on things like auto loans and mortgages, this is a one off and will not continue. Trouble lurks ahead. More on this subject in the article below.

RaceToTheBottom's picture

Who is letting the Bernank off the hook?

Who is letting the Greenspam off the hook?

Heck, Who is letting the Nixon off the hook?


Seasmoke's picture

The Tribe is starting to sweat. 

Bunga Bunga's picture

The Genie is out of the bottle. Now it's to late to complain, the train is running, nothing can stop it. Stocks to da moon.

buzzsaw99's picture

In the shuffling madness
Of the locomotive breath,
Runs the all-time loser,
Headlong to his death.
He feels the piston scraping --
Steam breaking on his brow --
Thank God, he stole the handle and
The train won't stop going --
No way to slow down...

[/Locomotive Breath]

Squid Viscous's picture

jeez he looks awful but i would still rather choke out that little CNBS kike interviewing him...maybe a bit more effort but well worth it

razorthin's picture

I laugh at all of my coworker tards with their 401K money in their 2035 funds and such.  It won't long before a switch to 2070 funds to try to make up for the crash of a fucking lifetime.  Idiots.

mark mchugh's picture

America:  Still leading the world in retarded billionaires.

Bastiat's picture

Evans-Pritchard talks about massive dollar squeeze:

In talking about the Fed tapering, he says not a word about who will buy the UST paper, not a word about Belgium, not a word about what increased interest rates would do to the US Budget.  But he does have a slam on Russia:  "The outlook for Russia is utterly bleak. It has blundered into a conflict with the West that will smother investment for years, and it may have to draw down its reserves to cover $700bn of foreign currency debt unless it can tap the capital markets again. It faces demographic implosion."



jaxville's picture

  Interest rates must move up and soon.  Most Western nations face the prospect of their currencies becoming irrelevent if they continue removing incentive to hold their notes.   Interest rates will move very slowly initially.  As to the economy?

  If it came down to either the dollar (currency unit) or the economy, which do you suppose the establishment can get along without?

tumblemore's picture

The banking mafia may have a different view on that to whatever parts of the establishment they don't own and those countries directly ruled by the banking mafia may have a different balance of power to those only indirectly ruled via the power of Washington.


If so this would lead to a growing divergence between most of the EU and Washington.



tumblemore's picture

The interesting thing about AEP is he must understand the reality quite well to be able to write so many words while deftly avoiding the truth.


gmak's picture

THe sh** is getting very close to the fan and many will be trying to distance themselves from being seen as the perpetrators. I would expect more of this from others. Doesn't pay to have more money than God if you're going to be hoisted on the end of a pitchfork.


Squid Viscous's picture

poor bastard... imagine going through life looking like some species of hook-nosed insect? I don't care how much money he has, that would suck ...

buzzsaw99's picture

let me get this right. icahn is complaining about loose monetary policy? you've got to be shitting me.

rickv404's picture

The man is nuts. Wall Street got us into this mess and the Fed got us out? No, dummy, Bush and Obama and their parties in congress got us into this mess. A mess financed courtesy of the Fed. Wall Street was guilty by association, but only that. 

tumblemore's picture

The politicians are owned by the banking mafia - obviously.



Plata con Carne's picture

Major European 'End The Fed' rally planned for Saturday, July 19th - 5 Countries/128 Cities:



yogibear's picture

Now if this could turn into a prosecute Fed rally it would be impressive. Mob justice for treasonous moves against the people and the constitution of the United States.


bbq on whitehouse lawn's picture

End game = new notes. The Fed will buy up a majority of outstanding bonds, then transfer them to the treasury at new note prices so 1 new note buys ten old notes.
This is not a problem if you have most of the old notes in electronic form, no large holdouts.
Only people that go bankrupt are the small people, they hold most of the notes, big money are in assets not cash.

Those notes held outside the US well good luck with the new exchange rate.

Since all is politics, you need all the big players on board so they dont raise to much of a fuss.

The trick is to do this under a crisis, something big and bad.

yogibear's picture

Chuck Schumer was is telling the Fed to continue the low rates. What's wrong with NY? They elected this tool.

Last of the Middle Class's picture
Carl Icahn "Very Nervous" About Stocks Due To Fed's "Excessive Money Printing"  Too funny as he has a couple of tril in his back pocket from the QE's that we're all paying for through higher prices now he's concerned for us all. My ass!
teslaberry's picture

icahn calls free money med medicine.

i didn't realize crack cocaine was being described as medicine now on cnbc. 

i think people know what happens at the end of a meth binge. it's bad or worse.