Summary
WASHINGTON -- Irrational exuberance has fled. Cautious pessimism is back.
When former Federal Reserve Board chairman Alan Greenspan warned Americans some time ago that what goes up also comes down (high- fliers on the stock market), he made headlines. The avuncular guy who turned the economic wheel and made us feel better about our money for two decades was worried about the long term.See the full content of this document
Extract
Face It: Bernanke Is Waiting to See, Too
Now we have a new man with his finger on our economic pulse, Ben Bernanke, who just gave the nation a much-awaited report on the country's fiscal health.
He said that despite fearsomely high oil prices that are being passed on t...See the full content of this document
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