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d-19637House OversightFinancial Record

Smart Money Fleeing U.S. Stocks – Market Commentary Featuring Carl Icahn

The passage is a generic financial market commentary with no specific allegations, transactions, or connections to powerful political actors. It mentions billionaire investor Carl Icahn, but only in t Carl Icahn publicly warned of a potential market decline on May 18, 2016. The email frames the warning as a 'smart money' signal to exit U.S. equities. No concrete financial flows, dates, or relation

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #028791
Pages
1
Persons
1
Integrity
No Hash Available

Summary

The passage is a generic financial market commentary with no specific allegations, transactions, or connections to powerful political actors. It mentions billionaire investor Carl Icahn, but only in t Carl Icahn publicly warned of a potential market decline on May 18, 2016. The email frames the warning as a 'smart money' signal to exit U.S. equities. No concrete financial flows, dates, or relation

Tags

carl-icahnfinancial-marketsstock-marketinvestment-commentaryhouse-oversight

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From: Faith Kates (as Sent: 5/18/2016 5:45:03 PM To: jeffrey E. [jeevacation@gmail.com] Subject: FW: Warning: The smart money is fleeing U.S. stocks Importance: — High May 18, 2016 Warning: The Smart Money Is Fleeing U.S. Stocks BY BILL BONNER, CHAIRMAN, BONNER & PARTNERS Sa Se Oe DUBLIN — The Dow dropped 180 points yesterday — or about 1%. And another clever billionaire says he is looking elsewhere for profits. Reuters: Activist investor Carl Icahn on Monday said there was a chance the stock market could suffer a big decline, saying valuations are rich and earnings at many companies are fueled more by low borrowing costs than management's efforts to boost results. "Iam very cautious on equities today. This market could easily have a big drop," Icahn said. Yes, dear reader, the smart money is getting out of U.S. stocks. And here’s our old friend Rob Marstrand explaining why: Right now, every measure that analyzes the S&P 500 says it’s expensive. Prices are high relative to earnings, net assets, sales, and cash flow.

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Emailjeevacation@gmail.com

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