Carl Icahn: 'No-Brainer' High-Yield Market Is in a Bubble

The video discusses the Federal Reserve's influence on the market, expressing concerns about the high yield market being in a bubble. It explains the use of derivatives like CDS to hedge against risks, drawing parallels to the 2007-2008 financial crisis. The speaker emphasizes the unpredictability of market movements due to numerous variables and highlights the importance of risk-reward analysis in investment strategies.

What is the speaker's opinion on the ability to predict market movements?

What does the speaker suggest about the timing of the high yield market's potential burst?