Alan Greenspan Behavior Quotations

Over most of the past several years, the behavior of unit labor costs has been quite subdued, ... But those costs have turned up of late, and whether the favorable trends of the past few years will be maintained is unclear.

For the moment, the broadly unanticipated behavior of world bond markets remains a conundrum .

The influence of capital gains on economic behavior ... is likely to be of substantial consequence for the prospective performance of the economy,