Money line about the ongoing economic hope vs. hype . . . "The Federal Reserve Bank of Kansas City released its December manufacturing survey, which hit its best level since May 2014. The internals of the report were quite striking. The progression of improvements through the year across multiple categories needs to be acknowledged . . ." Read more: This Is Not an 'Irrationally Exuberant' Market
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This is the guy who thought an actual 'irrationally exuberant" market would correct itself. And then 2008 happened.
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ReplyDeleteGreenspan explains how deep the bullshit would be in the room if Bernanke and Yellen joined him at the table!!!