02-27-2007, 04:51 PM
Didn't Greenspan say couple days ago the conditions for recession starts with a great looking economy? One thing might arise from "Black Tuesday" is looks any recurrance of rate increases might be out the window.
Also remember Greenspan's "irrational exuberance" speech was in 1996 when the internet bubble was just warming up. I think we might at that stage now but it's "back to the '70s" more inflation driven except for real estate???
Others want to make friends- I just want to make money.
James Cramer
Also remember Greenspan's "irrational exuberance" speech was in 1996 when the internet bubble was just warming up. I think we might at that stage now but it's "back to the '70s" more inflation driven except for real estate???
Others want to make friends- I just want to make money.
James Cramer