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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: DownSouth who wrote (19027)2/29/2000 9:25:00 AM
From: freeus  Read Replies (1) of 54805
 
re Greenspan
I did not keep the article from IBD and perhaps Greenspan was wrongly quoted???? But I have heard this repeated by radio shows.
"We cannot allow the stock market to grow faster than the yearly income is growing."
That would be about 6% plus 1% for the "dividend" effect.
I do not know how AG would go about preventing us from bidding up stocks as we buy.
But did anyone else hear this quote? Am I incorrect/ if so I will be a happy camper as the concept alarmed me.
Freeus
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