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5 days ago · - The Fed switched to focusing on PCE inflation in 1996 under then Chair Alan Greenspan, after a commission had found that CPI had overstated inflation by an average of 1.1 percentage points per year.
14 hours ago · Three of the anti-draft members, Milton Friedman, W. Allen Wallis, and Alan Greenspan, were economists; all four directors of research and the executive director were economists; and many of the staffers who did the research were economists. What was the economic argument?
1 day ago · Whether the Fed accomplishes 2% inflation or concedes to aim higher, long-term U.S. interest rates, as measured by the 10-year Treasury, BX:TMUBMUSD10Y, should be much higher than the 2.35% ...
2 days ago · Sports fans may know him as the former owner of the Dallas Mavericks. But on Wall Street, Cuban is famous for protecting a $1.4 billion stake from the 2000 stock market crash with a savvy options ...
17 hours ago · In hindsight, we recognize this period as a bubble, famously described by then Fed Chair Alan Greenspan as one of “irrational exuberance.” However, from 1992 to 1999, it felt like a once-in-a ...
5 days ago · Equity and bond markets could benefit from hitting pause. Too much momentum is never healthy. ‘Excess’ exuberance has tempered Alan Greenspan’s ‘irrational’ as the current market caution cry – excess being less acute than irrational.
1 day ago · Former Federal Reserve Chairman Alan Greenspan, speaking of the originators of the School, said in 2000 that "the Austrian School have reached far into the future from when most of them practiced and have had a profound and, in my judgment, probably an irreversible effect on how most mainstream economists think in [the United States]".
