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From Guardian Angel to Devil?

机译:从守护天使到魔鬼?

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摘要

Pooralan greenspan. Not long ago, he was regarded by Wall Street, Washington and much of America and the world as a living god, thanks to a roaring economy and a soaring stock market. Not necessarily in that order. But these days Greenspan is starting to look more like a character in Jimmy Breslin's comic novel, "The Gang That Couldn't Shoot Straight." The problem, of course, is that Greenspan is trying to drive down stock prices that he considers inflationary, but his verbal and interest-rate bullets seem to be hitting the wrong target. He's done great at shooting down Old Economy stocks but hasn't even winged the New Economy stocks that seem to be coining millionaires and billionaires on an almost daily basis. Which is why the Dow Jones industrial average closed Friday down 14 percent for the year, while the Nasdaq index has broken the 5000 barrier and is up 24 percent for the year.
机译:Pooralan格林斯潘。不久前,由于经济的飞速发展和股市的飞涨,他被华尔街,华盛顿以及整个美国和世界许多地方视为活着的神。不一定按此顺序。但是如今,格林斯潘开始看起来更像是吉米·布雷斯林(Jimmy Breslin)的漫画小说“无法直射的帮派”中的角色。当然,问题在于格林斯潘正试图压低他认为会导致通货膨胀的股票价格,但他的口头和利率子弹似乎击中了错误的目标。他在减少旧经济股票方面做得很出色,但甚至没有让似乎每天都在造就百万富翁和亿万富翁的新经济股票高涨。这就是为什么道琼斯工业平均指数周五收盘下跌了14%,而纳斯达克指数则突破了5000点关口,并且全年上涨了24%。

著录项

  • 来源
    《Newsweek》 |2000年第12期|p.42|共1页
  • 作者

    Allan Sloan;

  • 作者单位
  • 收录信息 美国《化学文摘》(CA);
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类 政治理论;
  • 关键词

  • 入库时间 2022-08-18 04:34:16

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