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.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.25-2.5%2:50 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tonyt who wrote (35510)1/20/1999 11:37:00 AM
From: KeepItSimple  Read Replies (1) of 164684
 
How is his view different than what I said? The only important part of his speech is this part, quoted from the article you posted:

Mr. Greenspan, who has repeatedly expressed concern that U.S. stock
prices may be rising to unsustainable levels, on Wednesday offered only a
muted warning. "The level of equity prices would appear to envision
substantially greater growth of profits than has been experienced of late,"
he said.

But he suggested the Fed is wary of intervening to bring those prices
down. "All else equal, a flattening of stock prices would likely slow the
growth of [consumer] spending," he said, "and a decline in equity values,
especially a severe one, could lead to a considerable weakening of
consumer demand."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News