Alan Greenspan, the former Federal Reserve chief, has died at age 100. His 18-year tenure from 1987 to 2006 was associated with a stock market boom and low unemployment, making this primarily a retrospective on his policy legacy rather than a fresh market-moving development. Bloomberg notes Wall Street may reassess that legacy, but the immediate market impact is likely limited.
Alan Greenspan, the former Federal Reserve chief, has died at age 100. His 18-year tenure from 1987 to 2006 was associated with a stock market boom and low unemployment, making this primarily a retrospective on his policy legacy rather than a fresh market-moving development. Bloomberg notes Wall Street may reassess that legacy, but the immediate market impact is likely limited.
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