Quote:
Originally posted by hytem
Who is the Fed Chairman, anyways? Somebody tell Greenspan.
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If you don't want to hear what Greenspan has to say, your crazy. He's had access to information and more experience than almost anyone else on Wall Street. All he said is that there is a chance of recession. There is a chance of recession every year, this isn't a secret. And after a 6 year bull market he figures that the odds of a recession are 1 in 3.
Maybe his message is not a popular opinion, but take it and use it as information to make a better more informed decision. I for one put a heavy weighting on his opinion over a lot of the other yee-ha's on CNBC everyday.
It would be nice if Bernanke could distribute his opinion as openly. You have to know that regardless of his opinion he has to give a Bullish spin.