Fisher is the richest Fed member but he sounds like he wasn’t rich enough to land shares in the IPO. He’ was on Fox Business and said “Alibaba is selling into a market that’s very rich”.
It’s a little big inappropriate to even name a private company.
He also said he sees signs of excess in financial markets. He’s been saying the same kind of thing for awhile.
Update: Fisher said he wants to see the first move on interest rates in the Spring of 2015.
