Posted on 12/17/2007 12:15:39 PM PST by SamuraiScot
NEW YORK (MarketWatch) -- U.S. stocks traded at their lowest in more than two weeks Monday, pulling back as Moody's Investors Services warned it could lower bond-insurer credit ratings because of subprime losses and as a former Federal Reserve chairman warned of the possibility of a recession.
(Excerpt) Read more at etrade.wallst.com ...
He should stick to shuffleboard.
Or needs to be punched out, as the case may be.
Greenspan’s running for the Christmas Grinch job in the Hillary Administration. He’s become a cheerleader for a recession or worse...
It’s time he go sit on the parkbench and feed the pigions.
Greenspan, Cronkite, Rather, Jimma Carter, so many seniors with mental illness who cannot retire and shut up.
Greenspan should be in jail. He created the conditions for the housing disaster by failing to properly oversee the banks and kept interest rates too low for too long.
Uh...Greenspan is married to whom??
As you undoubtedly know, he's Mr. Andrea Mitchell, the MSM Democrat cheerleader who apparently keeps his relevance on life support for partisan purposes.
What sub-prime jitters? The default rate on such loans is no worse today than five years ago. Especially when compared to prime loan default rates. This is all one self fulfilling prophecy.
Stocks coming right into line?
Posted by SaxxonWoods to Toddsterpatriot
On News/Activism 12/11/2007 1:01:15 PM MST · 27 of 58
We will test the support levels now. Could be a buy opportunity around December 19-21.
I agree Greenspan, Cronkite, Rather, Jimma Carter, should all drink a cup of “shut the Hell up” They just don’t understand the concept of tired and retired.
During the entire time he was in charge, with the exception of a difficult and jittery period after 9-11 until we begin to answer back big time, the economy was sound. Yet, he still managed to bring on a couple of recessions by raising interest rates more freqently and sharply than needed and usher in multiple mini-crashes (which later corrected) and two big crashes (which took longer to correct) simply because he couldn't keep his piehole shut.
I'd be willing to bet he has well-placed friends on Wall Street who profit handsomely from his loose lips.
He's the poster boy for the case of abolishing the Fed.
He should stick to shuffleboard.
—
I could modify that statement slightly ,, but I don’t want to be banned for the holidays. I’ll leave it at that.
but.. the words ‘shove it’ comes to mind..
Stop complaining..the sooner we have a big drop in the stock market the sooner we will be able to make money riding it up. The sooner the housing prices fall..the sooner us smart ones can snap up some bargain realestate.
Making money involves buying low selling high..realestate and stock were all bid up to levels that were beyond value due to low interest rates, easy loans and a world wide economic boom. We need this “correction—recession—slow down” to create new invest opportunities.
at least we know what Andrea keeps in her lockbox.
Greenspan clearly has a political agenda and those who run along with his agenda are the ones making him out to be a genius.
I wish Mr. Andrea Mitchell would Stfu....
Andrea Mitchell speaks!!!!
All he would have to do is call his buddys and say he’s going to talk to the press on X date at X time.
That gives you the buy/sell info you need.
I’ll betcha that old bastard does some heavy trading before hand!
LLS
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