Sep
20
Carl Icahn Won’t Need Buybacks During The Trump Economic Miracle
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Lots of people think that a President Trump would more or less instantaneously wipe out about half of the stock market’s value. Not Carl Icahn. As Carl sees it, the only thing preventing CEOs from reinvesting in their businesses isn’t the fact that the Carl Icahns of the world are always demanding share buybacks and mergers and the like. No: It’s that they are afraid of “irrational” government regulations. And what could be more rational than a Trump administration?
“If you look ahead three years, this economy will be a lot better if Trump gets elected” rather than Democratic candidate Hillary Clinton, Icahn said, speaking at the CNBC “Delivering Alpha” event in New York….
Carl Icahn Won’t Need Buybacks During The Trump Economic Miracle
