Friday March 6, 2015
// March 6th, 2015 // Daily News
Greenspan: Stocks not too hot, despite bubble talk
The massive quantitative easing bond-buying programs in the U.S. have not led to an overvalued stock market, though there may be overheated pockets, former Federal Reserve Chairman Alan Greenspan told CNBC Friday.
“We can’t argue that we’re extremely overvalued in the marketplace, even though you’re talking about individual bubbles,” he said in a CNBC “Squawk Box” interview, referring to questions about whether technology and biotech stocks may be rising too quickly.
Greenspan also said U.S. economic growth is running 1 percent to 2 percent below what it should be because of stagnant worker productivity.
He said the euro can not hold together unless Europe comes together politically.
Today’s Inspiration
Privilege
by Joyce Meyer – posted March 06, 2015
Lean on, trust in, and be confident in the Lord with all your heart and mind and do not rely on your own insight or understanding.
– Proverbs 3:5
Part of trusting God is having unanswered questions. When you get answers, you don’t need to trust God anymore. But if you don’t have answers, then you will need to trust God. He could give us all the answers to everything, but He doesn’t because He wants us to trust Him.
Have you ever said, “There’s nothing we can do but trust God”? Like it’s your last-ditch effort—you’ve done everything else and now you’re left with no other choice.
We need to change the way we talk. We need to realize trusting God is the greatest privilege we have. What an honor to be able to say, “No matter what kind of problem I have in my life, I get to trust God!” God wants to take care of you, but He doesn’t start until you stop. Retire from self-care, and start trusting God.
Power Thought: I don’t have all the answers, but God does. I put my trust in Him.