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Reuters: Top News |
Tue, 27 Sep 2005 23:51:18 GMT |
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Exuberance leads to asset drops:Greenspan |
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WASHINGTON (Reuters) - Asset bubbles fueled by "market exuberance" invariably burst and policy-makers cannot safely pierce them, Federal Reserve Chairman Alan Greenspan said on Tuesday in what some economists took as a warning to bond market and housing speculators. |
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