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February 5, 2018
>> neil: are you calling this a bear market? is this the start of a bear market? >> no. what im saying, its difficult to lock at the data and say everything is great. so what im saying is attitudes and behavior have a lot to do with this. behavior and attitudes have been strong, positive, a lot of optimism and pick up in investment growth which takes confidence. were seeing a pickup in expected growth in the global economy. the list in equity values, the closure of the spread between corporate v...
February 8, 2010
But we know that this process is under way and theres every reason to believe it will continue to move. >> and you look at the stock market, the fact that its been on a downward path the past couple of weeks, down over 6% since january. what kind of warning sign is that? >> well, its more than a warning sign. its important to remember that equity values, stock prices are not just paper profits. they actually have a profoundly important impact on economic activity. and if stock prices start conti...
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