-->"I think we partially broke the back of an emerging speculation in equities... We pricked this bubble as well, I think."
- Alan Greenspan, FMOC Meeting, February 1994

-->>"I think we partially broke the back of an emerging speculation in equities... We pricked this bubble as well, I think."
>- Alan Greenspan, FMOC Meeting, February 1994
>
>
>

am Freitag in Frankfurt sagte er:

Asked if emerging-market economies are prepared for a higher interest-rate environment or if new crises are around the corner, Greenspan said:"Rising interest rates have been advertised for so long and in so many places that anyone who hasn't appropriately hedged his position by now obviously is desirous of losing money."

<ul> ~ http://news.morningstar.com/</ul>

-->>"I think we partially broke the back of an emerging speculation in equities... We pricked this bubble as well, I think."
>- Alan Greenspan, FMOC Meeting, February 1994

Hi,

das Quote ist schön, ich habe es aber in den FMOC-Mitschriften nirgends finden können (auch nicht dort, wo im Meeting die equities diskutiert wurden), weder in der normalen Session (2 Teile) noch in der Telefonkonferenz Ende Feb 94 nach dem 25 bpts-Schritt der Fed nach oben.

Wäre für eine Quellenangabe dankbar.

Da Greenspan in der Vergangenheit spricht ("we... broke","we pricked") und der Fed-Schritt der erste nach langer Zeit war, müsste ich sonst enorme Papiermassen durchflöhen.

Nochmals Dank + Gruß!

-->z. B. hier: http://www.gold-eagle.com/editorials_04/laird060804.html

Aber ich fürchte, dass so eine Sekundärquelle nicht den strengen Bedingungen dottores entspricht.

-->>>"I think we partially broke the back of an emerging speculation in equities... We pricked this bubble as well, I think."
>>- Alan Greenspan, FMOC Meeting, February 1994
>Hi,
>das Quote ist schön, ich habe es aber in den FMOC-Mitschriften nirgends finden können (auch nicht dort, wo im Meeting die equities diskutiert wurden), weder in der normalen Session (2 Teile) noch in der Telefonkonferenz Ende Feb 94 nach dem 25 bpts-Schritt der Fed nach oben.
>Wäre für eine Quellenangabe dankbar.
>Da Greenspan in der Vergangenheit spricht ("we... broke","we pricked") und der Fed-Schritt der erste nach langer Zeit war, müsste ich sonst enorme Papiermassen durchflöhen.
>Nochmals Dank + Gruß!


March 1, 2000: Now the Meme is replicating and mutating. I saw it today in
Berkshire Hathaway’s annual report. Buffett again! “Equity investors currently
seem wildly optimistic in their expectations about future returns.”
Greenspan again! Today, the Fed released verbatim transcript of its 1994
meetings. Never before had meeting transcripts been released to the public.
The Fed had decided in 1994 to release them with a five-year lag.
The transcripts show that Greenspan and his cohorts had been patting
themselves on the back for arresting a possible stock market bubble. “I think
we partially broke the back of an emerging speculation in equities,”
Greenspan
told members of the Fed’s policy-making body, the Federal Open Market Committee,
in a February 1994 conference call. “As we look back on this, I suspect
that there was a significant overshoot in the market. We pricked that bubble.”
<ul> ~ http://media.wiley.com/product_data/ excerpt/69/04714430/0471443069.pdf</ul>

-->http://www.federalreserve.gov/fomc/transcripts/1994/940228ConfCall.pdf

<ul> ~ http://www.federalreserve.gov/fomc/transcripts/1994/940228ConfCall.pdf</ul>

-->