search query: @journal_id 1741 / total: 17
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| Author: | Vicente, J. P. |
| Title: | Market currents: thank you, Alan |
| Journal: | Red Herring
2001 : JAN 30, 91, p. 114-114 |
| Index terms: | FINANCIAL MARKETS STOCK MARKETS STOCK EXCHANGES ECONOMIC POLICY |
| Language: | eng |
| Abstract: | This paper provides the suggestion of Fed chairman Alan Greenspan, and also consequence of Mr. Greenspan's speech in New York for a situation on stock market. The author considers Mr. Greenspan's comments and welcomes them because he believes that technology has paved the way for a dramatic and long-lasting increase in productivity levels, and that such a rise should help keep inflation at bay for now. Later the author states that the current slowdown could turn into a real nightmare if corporate credit conditions deteriorate further. That scenario could change if energy prices continue to go up, or if the world economy - most notably Europe and Japan - fails to pick up steams. The article includes a number of tables and charts. |
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