"Not massively overvalued" and Rosie is "Not massively obnoxious."
Tuesday, November 17, 2009
Yellin: "Not massively overvalued."
Ah, the last time a Fed governor commented on the equity markets was 1996 when Uncle Alan Greenspan warned of "irrational exuberance." But we continued for another 4 years before the crash, and Al continued the easy money to get us there.