Alan Greenspan Believes Stocks are Cheap if Earnings Continue to Rise

By on January 11, 2011

In The Wall Street Journal’s The Big Interview with Kelly Evans, Alan Greenspan talks at length about his view on the economy and stock market.  He also says he wouldn’t have done anything different given what he knows now.

SMA Comment:  I’m reading Matt Taibbi’s “Griftopia,” specifically the chapter entitled “The Biggest Asshole in the Universe.”  Evan’s excellent interview does nothing to dispel Taibbi’s assessment of  “The Maestro.”  Kelly Evans is supposedly only 23 years old and was the most impressive thing in this interview, although we can only hope we have the same lucidity of Greenspan when we’re 84.
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