The Stock Market As Monetary Policy Junkie by Evergreen Gavekal CHAIRMAN WAXMAN: “You found a flaw?” MR. GREENSPAN: “I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works, so to speak.” CHAIRMAN WAXMAN: “In other words, you found that your view of the world, your ideology, was not right, it was not working.” MR. GREENSPAN: “Precisely. That’s precisely the reason I was shocked, because I had been going for 40 years or more with very considerable evidence that it was working exceptionally well.” – Congressional Hearing on The Financial…
The Stock Market As Monetary Policy Junkie – Evergreen Gavekal
Guest Post
If you are interested in contributing to ValueWalk on a regular or one time basis read this post http://www.valuewalk.com/guest-posts-hedge-fund-letters/ We do not accept any outside posts or even ads on penny stocks, ICOs, cryptos, forex, binary options and related products.