Greenspan replied: "Gradual is adequate, but I think we have got to get moving." Greenspan said markets should be prepared for a much more rapid rise in long-term bond rates than is generally expected
Sentiment: Strong Sell
Yeah, I'm willing to eventually bet that the guy who helped along the disaster is housing a few years back might not be correct 100% of the time. Amazing that failure doesn't deter folks from listening to "fellas" like him.
Silly, I know ;