Greenspan: “This Is The Worst Period I Recall; There’s Nothing Like It”

Greenspan has nothing good to say about the economy or markets.-Lou

 

“This is the worst period, I recall since I’ve been in public service. There’s nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away.”-Alan Greenspan, speaking on CNBC about the Brexit vote