WHITE SULPHUR SPRINGS, W.VA.–Traditional indicators are no longer predicting the course of the world's economy, which is being impacted by advances in technology and labor allocation shifts, former Federal Reserve Chairman Alan Greenspan told an insurance conference here.
His remarks came today during the 93rd annual Insurance Leadership Forum of the Council of Insurance Agents & Brokers held here.
Mr. Greenspan, who headed the Federal Reserve System from 1987 to 2006, was joined by Ron Insana, a senior economic analyst with CNBC and contributor to MSNBC and NBC news, who posed questions to Mr. Greenspan.
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