Fed’s Fischer Responds To Paul Tudor Jones

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zerohedge.com / by Tyler Durden / Apr 21, 2017 11:45 AM

“We’re not terrified,” proclaimed a cognitively dissonant Stanley Fischer, responding to concerns raised by legendary trader Paul Tudor Jones over the stock market’s extreme valuation – the value of the SP relative to the size of the economyshould be “terrifying” to a central banker, Jones said earlier this month at a closed-door Goldman Sachs Asset Management conference, according to people who heard him.