I am pretty certain that Alan Greenspan would never have agreed to another four-year term if he feared a stock market collapse during his tenure. At least over the next nine months we can relax and expect a soft landing and no recession. Bad news will be out and good news will be in.
~ Joe Granville, The Granville Market Letter, July 13, 2000
(Source: Barron's, July 24, 2000, p. 33)
Jul 25, 2011
Joe Granville on the expected soft landing (2000)
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