Sage Advice Quarterly Market Review 1Q2001

Chicken Little would feel quite comfortable in today’s environment, as a slew of economic pundits is proclaiming that the sky is falling. Among the doomsayers is none other than the icon of plausibility himself, Fed chairman Greenspan, who has uttered the R-word several times in recent weeks. Acting on his own dire warnings, the chairman spearheaded the drive to slash rates more aggressively than any time since the deep dark days of the 1981-82 recession.