Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.
David A. Grogan | CNBC
Famed investor Carl Icahn said an economic downturn could be on the horizon.
“I think there could very well could be a recession or even worse,” Icahn said on CNBC’s “Closing Bell Overtime” on Tuesday to Scott Wapner.
Icahn, founder and chairman of Icahn Enterprises, is a longtime activist investor.
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The founder and chairman of Icahn Enterprises said surging inflation is a major threat to the economy.