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Letter "A" » Alan Greenspan Quotes
«It is still too early to judge whether the froth will become evident on a widening geographic scale or whether recent indications of some easing of speculative pressures signal the onset of a moderating trend,»
Author: Alan Greenspan
«The dramatic increase in the prevalence of interest-only loans, as well as the introduction of other, more-exotic forms of adjustable-rate mortgages, are developments that bear close scrutiny,»
Author: Alan Greenspan
«How significant and disruptive such adjustments turn out to be is an open question, ... shocks should be largely absorbed by changes in prices, interest rates and exchange rates, rather than by wrenching declines in output and employment.»
Author: Alan Greenspan
«A significant amount of consumption is driven by capital gains on some combination of both stocks and residences,»
Author: Alan Greenspan
«How significant and disruptive such adjustments turn out to be is an open question,»
Author: Alan Greenspan
«these borrowers, and the institutions that service them, could be exposed to significant losses.»
Author: Alan Greenspan
«Apparently,»
Author: Alan Greenspan
«History cautions that extended periods of low concern about credit risk have invariably been followed by reversal, with an attendant fall in the prices of risky assets.»
Author: Alan Greenspan
«It is important to remember that most adjustment of a market imbalance is well under way before the imbalance becomes widely identified as a problem,»
Author: Alan Greenspan
«fully appreciate the risk that some households may have trouble meeting monthly payments as interest rates and the macroeconomic climate change.»
Author: Alan Greenspan
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