Looking for a Cause for Thursday's Sell-off? Blame Greenspan [View article]
We needed Greenspan to state the obvious? In any event, he has had him time in the spotlight and he should refrain from the rhetoric. The "irrational exuberance" in the mortgage and housing markets was a direct result of his excessively low interest rate regime.
Looking for a Cause for Thursday's Sell-off? Blame Greenspan [View article]
In any event, he has had him time in the spotlight and he should refrain from the rhetoric. The "irrational exuberance" in the mortgage and housing markets was a direct result of his excessively low interest rate regime.