# Professor Richard Sylla shares what Alexander Hamilton would think of today's financial markets, from his forthcoming book, "Alexander Hamilton on Finance, Credit, and Debt"

1 Faculty News February 15, 2018 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg_0.jpg?itok=qy2YlnxP)>

Excerpt from [Bloomberg](https://www.bloomberg.com/news/articles/2018-02-07/ken-griffin-says-dow-drop-modest-as-geithner-looks-back-on-08) -- "'His general view would be, yes, these markets sometimes have sinking spells, there are people who are too enthusiastic or too pessimistic,' [Sylla](http://www.stern.nyu.edu/faculty/bio/richard-sylla) said. 'But most of the time, the markets do a great job of allocating capital.'"

[Read more](https://www.bloomberg.com/news/articles/2018-02-07/ken-griffin-says-dow-drop-modest-as-geithner-looks-back-on-08)