Former Fed Chairman Alan Greenspan is bullish on the economy and said it could grow by 3.5 percent next year.

“The US economy unquestionably has some momentum,” Greenspan said Friday night.

“The fourth quarter looks good. The growth rate could be 3.5 percent or more” for the final quarter of this year, he added.

The economy grew at annualized pace of 2.5 percent in the third quarter.