Greenspan: Stocks not too hot, despite bubble talk
The massive quantitative easing bond-buying programs in the U.S. have not led to an overvalued stock market, though there may be overheated pockets, former Federal Reserve Chairman Alan Greenspan told CNBC Friday.
"We can't argue that we're extremely overvalued in the marketplace, even though you're talking about individual bubbles," he said in a CNBC " Squawk Box " interview, referring to questions about whether technology and biotech stocks may be rising too quickly.
Greenspan also said U.S. economic growth is running 1 percent to 2 percent below what it should be because of stagnant worker productivity.
He said the euro can not hold together unless Europe comes together politically.
More From CNBC
