Carl Icahn (Trades, Portfolio) thinks that there is a reckoning coming, and there are a lot of investors who have no idea how much risk they are exposed to.
He singles out the high yield bond market where rising interest rates will be the catalyst to create the plunge.
Blackrock's Larry Fink sitting beside Icahn in the interview below strongly disagrees.
He doesn't think that interest rates are going to rise very far and rising rates will actually bring more investor cash into the high yield market.
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