“There is a momentum building up which is really just beginning, and it’s got a way to go. Corporate investment in new equipment is coming back in a fairly substantial way and that purchasing managers are building up product inventories for the first time in months. The momentum is very clearly there, and I doubt very much that we’re going to run out of that momentum until very late in the year, (...) the odds that the country would plunge anew into a recession have fallen significantly."
Alan Greenspan on ABC’s “This Week”
Related ETF`s: SPDR S&P 500 ETF (Public, NYSE:SPY) and ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS)
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