SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (35862)7/20/2005 1:38:31 PM
From: CalculatedRiskRead Replies (1) of 306849
 
My guess is Greenspan wants to accomplish a couple of things in his last 6 months. First, he wants to get the FED Funds rate to neutral (around 4.25%). We have had four years of emergency rates and he wants to show the economy can stand on its own without monetary stimulus.

Second, even though the FED doesn't target asset prices, they are aware of the housing bubble. I think Greenspan would like to have a "soft landing" with housing prices stable.

I don't think you can get there from here without some pain.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News