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Tuesday, August 1, 2017

No Bubble in Stocks But Look Out When Bonds Pop, Greenspan Says

Equity bears hunting for excess in the stock market might be better off worrying about bond prices, Alan Greenspan says. That’s where the actual bubble is, and when it pops, it’ll be bad for everyone. “By any measure, real long-term interest rates are much too low and therefore unsustainable,” th...

No Bubble in Stocks But Look Out When Bonds Pop, Greenspan Says

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