Charles Nenner, Alan Greenspan and Others on Finance Today

July 22, 2012 Debbie Jacobs Quote of the Day

As balance remains elusive in the financial world, hedge fund managers and other investment and finance experts shed some light on issues both global and regional:

“Free choice is not relevant in financial markets because there are too many players. A stock with a million holders is much more predictable than one with five.”

-Charles Nenner, Charles Nenner Research

“We are still in the gravitational pull of the Great Recession. I would have to put the likelihood of a double dip recession now up to 50%.”

-Professor of Economics at UC Berkley

“From day one, the euro has not really worked. The problem is that it is creating a huge degree of lack of competitiveness because their culture is different.”

-Alan Greenspan, former Federal Reserve Chairman

“People think that Treasury bonds are riskless, but a 100 basis point rise in interest rates leads to an 18% capital loss.”

-Andrew Neale, Fogel Neale Partners

 

Alan Greenspan, Andrew Neale, Charles Nenner, Economy, Eurozone,

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