Excerpt
Excerpt
Larry Summers doesn't see crisis-like indicators. Lawrence Summers, September 26, 2014, Video. "While he would not directly address Thursday's market decline, former U.S. Treasury Secretary Larry Summers was not worried. "There's no question that assets are more fully priced than they were 18 months ago," told CNBC's "Squawk Box" on Friday. "But it seems to me that if you look for the kind of indicators that were prevalent in 1999 and 2000 in the stock market, or the kind of indicators that were prevalent in the housing market in 2006, I don't see them there."..."