Alan Greenspan is warning in an interview with Bloomberg that we are in a bubble, a bond market bubble. The former Fed Chairman is concerned that inflation might surprise us and bond prices might fall sharply at some point in the near future. Here’s why that would be a disruptive thing. Click the audio player […]
The minutes of Alan Greenspan's last meeting as chairman of the Federal Reserve were released today. It reveals some praising words from then-president of the New York Federal Reserve, Timothy Geithner.