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10.3 Million U.S. Homes Have Negative EquityETF Daily News10.3 Million U.S. Homes Have Negative EquityETF Daily NewsAt the same time Michael wrote this, former Federal Reserve Chairman Alan Greenspan was quoted saying, “the worst is over for the U.S. housing market and there will be no economic spillover effects from the poor housing market.” This article is brought ...and more »
Posted on 21 May 2013 | 7:38 pm
Cheque Truncation: Bringing Ease To PaymentCheque Truncation: Bringing Ease To PaymentLeadership Newspapers (blog)Alan Greenspan in his book 'The Age of Turbulence' said “if you wanted to cripple the U.S. economy, you'd take out the payment systems. Banks would be forced to fall back on inefficient physical transfers of money. Business would resort to barter and ...
Posted on 21 May 2013 | 7:01 pm
Stocks are booming, so beware the bust -Telegraph.co.ukStocks are booming, so beware the bustTelegraph.co.ukThe famous “Greenspan Put” still stands as a salutary warning to all. Despite observing “irrational exuberance” in share prices as far back as 1996, Alan Greenspan would answer each setback with another flood of cheap money. As one bubble deflated, the ...
Posted on 21 May 2013 | 12:13 pm
Finding investing opportunities far and nearFinding investing opportunities far and near - StockhouseStockhouseYou'll remember Fed Chairman Alan Greenspan coining the phrase, “Irrational Exuberance.” Looking at the chart above, today we see an opposite picture. In fact, today's equity premium is at 5.4 percent, as high as it was in November 1974 and January 2009.
Posted on 21 May 2013 | 11:02 am
Bernanke's dangerous optimism -Bernanke's dangerous optimismInternational Financing ReviewAnd indeed, Alan Greenspan entered his late, late, rococo period of central banking with his own touching faith in technology, opining in 2000, just as the tech bubble was about to burst, that there was a virtuous cycle between technological advances ...and more »
Posted on 21 May 2013 | 3:52 am