Soros Returns To Trading With “Big, Bearish” Bets On Economic Turmoil

from Zero Hedge

One month ago, we were stunned to report that none other than billionaire Carl Icahn had taken the net exposure of his hedge fund, Icahn Enterprises, from a modest net 25% short – his recent negative bias on the market was hardly a secret – to a practically apocalyptic, 149% net short which is about as close to betting on a market crash as one could get.

[…] Then last month, billionaire trader Stanley Druckenmiller warned that “the bull market is exhausting itself” and in a presentation titled “The Endgame“, he explained why he too is dumping equities and buying gold.

It turns out Icahn and Druck weren’t the only iconic traders betting on a market crash.

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