"Any onset of increased investor caution elevates risk……" — Alan Greenspan

"Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices, ... This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums."

Alan Greenspan

109 Quotes by Alan Greenspan

Alan Greenspan has 109 quotes on this site. A few more worth reading:

See all 109 quotes by Alan Greenspan »

More Aftermath Quotes

This quote is filed under Aftermath Quotes, one of 125 quotes in that category. Here are a few more:

See all 125 Aftermath Quotes »