Alan Greenspan: Bull market is beginning to fumble

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Former Federal Reserve Chairman Alan Greenspan speaks with CNN’s Julia Chatterley about recent stock market volatility, interest rates, and stagflation.

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38 COMMENTS

  1. His age reminded me what our stock market look like, "movvvve…." "I dont knowwwww…." so convinced it's the best time to put my 401k down on the stock. Obviously its gonna roll off the bed like he does….

  2. cnn trots out this fuckup like he is the 2ed coming ,no cnn he is the guy that caused the past crash,Greenspan is a fuckup.who is mostly to blame for the biggest upheaval on Wall Street since the Great Crash?This mess is mostly a titanic failure of regulation. And the largest
    share of blame goes back to one man: Alan Greenspan. People mainly fault
    the former Fed chief, who once enjoyed a near-saintly reputation
    because of his reputed "feel" for market conditions, for ushering in an
    era of easy credit that accelerated the mortgage mania. But the much
    bigger problem was Greenspan's Ayn Randian passion for regulatory
    minimalism. Under the Home Ownership and Equity Protection Act enacted
    by Congress in 1994, the Fed was given the authority to oversee mortgage
    loans. But Greenspan kept putting off writing any rules. As late as
    April 2005, when things were seriously beginning to go wrong, he was
    saying that subprime lending would work out for the common good—without
    government interference. "Lenders are now able to quite efficiently
    judge the risk posed by individual applicants,"cnn screws the pooch again.

  3. It went up like 8,000 points since Trump was elected. This is just a correction. The rate of growth may slow a little in 2019 and 2020 but a recession looks really unlikely to me.

  4. CNN in two years trump destroyed the market even though he has no control over the fed the guy even admitted the fed will be responsible.

    Not really trustworthy anyway he was around for the housing bubble

  5. Alan designed the computer program high frequency trading he designed it so it would eventually destroy itself and almost did in 2008 the next crash is coming and will dwarf 2008 there will be no bail out system will be destroyed
    Mission accomplished

  6. The crash this year in stock market is very unusual it’s crashing and buying at the same time so there is no jackpot of short selling instead buying call is better while the market is crashing

  7. How much raise interest rate you need to see? That's easy, ONE more to go, tomorrow, Wed, Dec 19, 2018 will be the DOOM day, run for cover.
    He knows it but doesn't dare to say it, otherwise today up will be crashed in a few seconds.

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