Carl Icahn’s Concern for Low Rates
September 29, 2015
dDr. J Najarian joins the Chief in the studio to discuss Carl Icahn’s recent statement regarding low interest rates, tax loopholes, and strains on the high yield bond market. Joel Elconin calls in to join the conversation and express his excitement for the University of Michigan’s football season under the coaching of Jim Harbaugh. In the later hour Dr. J and the Chief talk about Alcoa’s split, Volkswagen, and Turing Pharmaceutical’s controversial decision to spike the cost of the drug Daraprim.
Guests & Co-Hosts
Jon “Dr. J” Najarian
Jon “DRJ” Najarian is a professional investor, noted media analyst and speaker, and cofounder of optionMONSTER.com, a leading site for options and equity traders. Following a brief stint as a Chicago Bears linebacker, Jon launched his financial career at the Chicago Board Options Exchange (CBOE) in 1981, trading in the pits for some 25 years. In 1989 he founded Mercury Trading, running the company for 15 years until 2004, when he sold his floor-trading operations to Citadel. Jon has developed and patented trading applications used to identify unusual activity in stock, options, and futures markets, notably the Heat Seeker® program, which scans up to 10 million quotes per second. Jon’s research and analysis is widely cited by leading financial media as he appears daily on CNBC as well as articles published in Barrons, the Wall Street Journal and other leading financial periodicals. OptionMONSTER has been described by Securities Industry News as “content king of the options business,” and enjoys syndication agreements with CNBC, TheStreet.com, the Chicago Board Options Exchange, and NASDAQ. Jon & his brother Pete also run a private equity fund and are consultants for Najarian Family Office, a wealth management firm based in Chicago & Minneapolis. Read more.