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He most influential speech on the stock market was his December 5, 1996 comment about (irrational exuberance and unduly escalating stock prices. This speech led Japanese stocks to fall 3.2%.
Before Alan Greenspan's appointment to the Federal Reserve System Board of Directors, he served as a corporate director for Aluminum Company of America, the Automatic Data Processing Inc, The capital Cities/ABC Inc, General Foods Inc, J.P. Morgan & Co Inc, Morgan Guaranty Trust Company of New York, Mobil Corporation, and The Pittston Company. He was also Chairman of the Council of Economics Advisers under President Gerald Ford from 1974 to 1977...
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Common topics in this essay:
- Alan Greenspan
- Alan Greenspan
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- Alan Greenspan Hero Or Villian
- Alan Greenspan, Chairman Of The Federal Reserve Board:
- Estimate of the risk-free rate pf interest ("U.S. 10-year Treasury" bond rate
- Macroeconomic Impact Of The Federal Reserve Bank
- should the Federal Reserve intervene every time the stock market takes a plunge?
- What Explains the Stock Market’s Reaction to Federal Reserve Policy?
- Alan Greenspan, Chairman Of The Federal Reserve Board:
- Chirman of the Board - Alan Greenspan
- impact of the federal budget on the economy
- The fed under alan greenspan
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