Alan Greenspan is a famous American economist, he served as Chairman of the Federal Reserve Bank (United States os America) from 1987 to 2006. Greenspan attended New York University, where he earned a B.A. degree in economics, and an M.A. degree also in economics. He became chairman of the Board of Governors of the Federal Reserve (The Fed) on August 11, 1987. Two months after his confirmation Greenspan said immediately following the 1987 stock market crash that the Fed "affirmed today its readiness to serve as a source of liquidity to support the economic and financial system"

In autumn 2001, as a reaction to the September 11 attacks and various corporate scandals which where severly affecting the economy, Greenspan initiated a series of interest cuts that brought down the Federal Funds rate to 1% in 2004. On May 18, 2004, Greenspan was nominated by President George W. Bush to serve for a fifth term as chairman of the Fed. Immediately after leaving the Fed, Greenspan formed an economic consulting firm called Greenspan Associates LLC. And ever since, he's been an active voice in the economy, in 2007, Greenspan stated that there was a bubble in the U.S. housing market, warning in 2007 of "large double digit declines" in home values "larger than most people expect." Lately, Greenspan spoke at length on the troubles in the current bond market. When asked if there was any concern regarding financial stability, he responded, "It's obvious that you ought to be looking at the price/earnings (P/E) ratio in bonds to income. We get very nervous when the stock price index goes to high P/E. We ought to be somewhat nervous when the bond rate does the same"

Latest news on Greenspan & the Economy

Here's How Much Money Industrial Engineers Earn In Every US State
10 States Where Industrial Engineers Earn the Most Money. The national average annual wage of an industrial engineer is $92,660, according to the ...
>> Read more here

Millennial Money: Picking a pandemic side gig takes hustle
Millennial Money: Picking a pandemic side gig takes hustle. LAUREN SCHWAHN of NerdWallet. Published: October 31, 2020, 3:23 pm. Tags ...
>> Read more here

These money and investing tips can help you keep politics separate from your portfolio
People are spending over three times more money 'gambling' on hot stocks than at casinos and on lottery tickets and sports betting. More gambling ...
>> Read more here

Don't Claim Social Security Benefits Until You Can Answer These 3 Questions
Figuring out how much money you'll miss out on by waiting to start your checks (for example, if you'd receive $13,152 in annual benefits at 62 but wait ...
>> Read more here

How Much Money Architects Make In Every State, Updated For 2020
... declines in architect salaries that were worse than their five-year declines. Read on to find out where architects earn the most money and where they ...
>> Read more here

Top 10 Ways to Save Money on Auto Insurance
Use online quotes to adjust deductibles and see how much money can be saved. Drop unnecessary coverage on older cars. If the car is older than 10 ...
>> Read more here

Pharma industry's forex potential
And it was no doubt the country's desperate need to both ramp up exports and earn more foreign exchange that forced the prime minister to find ways ...
>> Read more here

USD/CAD Forecast Nov. 2-6 ' US dollar soars, all eyes on US election
... at 0.25% and signaled that it ['] The post USD/CAD Forecast Nov. 2-6 ' US dollar soars, all eyes on US election appeared first on Forex Crunch.
>> Read more here

USD/CAD Forecast Nov. 2-6 ' US dollar soars, all eyes on US election
... of Toronto, Canada, Kenneth worked for seven years in the marketing and trading departments at Bendix, a foreign exchange company in Toronto.
>> Read more here

ED: The earnings come home
It is encouraging to hear that our foreign exchange reserves have hit a ... Amid plenty of loss and suffering, the health of our forex reserves can be ...
>> Read more here

Obama and the economy
Obama economy
Putin and the economy
Putin economic
Greenspan Economics
Alan Greenspan economics
The FED and the economy
Federal Reserve economy
International Monetary Fund
IMF economics
World Bank & the economy
World Bank economy
Deutsche Bank
Deutsche Bank economy
European Union economy
European Union economy
China economy
China economy
NAFTA and the economy
NAFTA and the economy
GOLD in the economy
GOLD in the economy
SILVER in the economy
SILVER in the economy