(Reuters) Billionaire activist investor Carl Icahn said the strong rally in U.S. stocks since Donald Trump captured the White House might be overdone, but that investors can expect the president-elect to be a consensus builder who can help fix Washington and improve the economy.
“When it runs up like this, I scale off a little bit,” Icahn said on Wednesday at the Reuters Global Investment Outlook Summit, referring to the U.S. stock market. “But that doesn’t mean that I am that negative or positive.”