Former Federal Reserve Chairman Alan Greenspan speaks with CNN's Julia Chatterley about recent stock market volatility, interest rates, and stagflation.
JULIA CHATTERLY, CNN: Do you think we are still in a bull market -- an equity bull market?
ALAN GREENSPAN: Not really, no, it is beginning to fumble.
You can see it by the reaction in recent days. It would be very surprising to see it sort of stabilize and take off again. But it has happened in the past. However, at the end of that run, run for cover.