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 : USRX
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Janice Shell who wrote (14591)3/4/1997 8:35:00 PM
From: David Lawrence   of 18024
 
Janice,

"That's not what I was intending to do," the central bank chief told the House Budget Committee. "What I was trying to do ... was to try to lay out all of the various factors which we examine for purposes of monetary policy.

Okay. I don't have a problem with that. It didn't need to be said - it's obvious they would look at the equity markets an one of the many factors contributing towards monetary policy.

Greenspan rattled financial markets first in December, then again last week after he suggested that stock prices might have risen too far because of investors' "irrational exuberance."

Excuuuuuse me. But terms like that come only from an intent to cause a reaction. It was inflamatory, to say the least.
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