Because the event happened, people will tend to attribute the slump it to Greenspan, but the market had a bearish bias as it was and we're the middle of a big refunding week.
More Quotes from Jim Glassman:
The data reinforced the view that the Fed may not have to tighten much more and relieves anxiety about inflation.Jim Glassman
It's not really a surprise. It just tells you they've dug a lot of holes. I think it's mainly a weather distortion, and we'll see a big payback.
Jim Glassman
We've come so far. Holding onto gains from yesterday's rally is impressive.
Jim Glassman
It's hard to picture a smoother transition really.
Jim Glassman
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